Large Renovation Projects Will Be Abundant in 2024

Jan. 5, 2023 | by Mary Scott Nabers In past years, it was likely more difficult for companies to categorize renovation and repair projects as highly attractive. That may not be the case anymore. Public entities throughout the U.S. are designing extremely large renovation projects, and without a doubt, these upcoming projects will be attractive to […]

Billions more are flowing for projects…don’t overlook this sector

by Mary Scott Nabers The Federal Transit Administration has about $4.5 billion available in 2024 for transit projects of all types. This includes bus rapid transit projects, light rail, and commuter rail initiatives. While most of the projects involve state Departments of Transportation, the projects are local and require collaboration between the jurisdictions. The upcoming projects […]

Funding is now flowing for a type of project that could be overlooked

Dec 27th 2023 | by Mary Scott Nabers Here’s something that will be easily missed… but hopefully not by our readers. In December, the Federal Highway Administration announced $110 million in grant funding for 19 wildlife crossing projects in 17 states. That may sound like these projects will be small, but that is not the case. […]

America’s roadway fatality rates have resulted in millions to support safety projects throughout the country

Dec 20th 2023 | by Mary Scott Nabers Here’s something that may surprise you! Statistics tell us that American roads are more dangerous than those of other developed countries. The U.S. roadway fatality rate has hovered around 12 deaths per 100,000 motorists for the past 15 years, while other developed countries have traffic fatality rates of […]

Water infrastructure upgrades and expansion projects will likely reach historic numbers in 2024

by Mary Scott Nabers When the Bipartisan Infrastructure Bill (BIL) went into effect in 2021, it included the largest funding allocation ever made for water infrastructure – $55 billion for projects to improve access to clean drinking water throughout the United States. The Environmental Protection Agency (EPA) was selected to allocate these funds to state and […]

Recent $8.1 billion allocation for rail projects should stir some interest in 2024

by Mary Scott Nabers Last week, the Federal Railroad Administration (FRA) announced $8.1 billion in funding for passenger rail projects. The funding is a part of the Bipartisan Infrastructure Act that Congress passed several years ago, but the funding now is flowing aggressively. This type of historic support is facilitating an abundance of rail projects throughout […]

U.S. Congress Allocates $2.3 Billion for Ferry Infrastructure, Paving Way for Extensive Public-Private Collaborations in 2024

by Mary Scott Nabers In November, the Federal Transit Administration (FTA) announced another $220 million in grant funding for upcoming ferry projects. The awards will support 13 projects in eight states and American Samoa, an unincorporated territory of the U.S. This funding was allocated through the Bipartisan Infrastructure Bill passed by Congress. The total allocation made […]