The CARES ACT (Coronavirus Aid, Relief, and Economic Security) passed by Congress created a sprawling, multi-faceted plan to combat COVID-19 and its debilitating effects on the U.S. economy. Signed into law in March, the $2 trillion relief package allocated funding for preserving jobs, backfilling government budgets, helping school districts, providing assistance for the unemployed and […]
We know that an infrastructure bill is coming, and the debate in Congress will likely begin in July. Industry leaders, public officials, think tanks, and economic development organizations have provided lots of input. They know that some of their messages have been heard. There is no consensus between Democrats and Republicans about how the bill […]
The House of Representatives laid out an infrastructure plan on June 18 – an expensive one with a price tag of approximately $1.5 trillion. It will not, of course, pass Congress in its current state, but it promises to start the critical and overdue conversation in Washington about infrastructure. But, there’s an omission that hopefully […]
COVID-19 hit the construction industry like a tsunami. Almost all medium to large construction projects were shuttered as government leaders scrambled to protect the health of Americans. Today, however, even though the pandemic has not been contained, there is renewed interest in construction and reason for optimism. The immediate future is considerably brighter today than […]
Transportation projects are almost always notoriously large and costly. But, infrastructure is critical to America and, with that in mind, a five-year, $494 billion surface transportation bill was recently released by the House of Representatives’ Transportation and Infrastructure committee. The final bill, which must gain approval from both the House and Senate, will likely have […]
Funding from the federal government is now coming to all 50 states as a result of various congressional actions. The largest amount of funding is currently flowing as a result of specific mandates in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But, bills also are moving through Congress to allocate even more funding […]
It’s no surprise to anyone that cities and counties are quickly exhausting their budgets and depleting public funding. Local government officials have dealt with COVID-19 for months, and now they are contending with violence, protests, and property damages. Public safety expenditures are huge, and the coffers of local governmental entities are stretched to the limits. […]