The attraction to and interest in parks, community centers and sports-related recreational facility projects has escalated significantly over the past several years. Public officials, especially at the municipal levels of government, are increasing their investments in these types of initiatives while federal funding programs are currently providing attractive financial support. There are numerous reasons for […]
Officials at every level of government procure hundreds of professional services to meet specific needs. These types of contracting opportunities are abundant, and many industry sectors fall into a professional services category – planning, design, legal, consulting, engineering, etc. Some of the most commonly requested types of professional services include project management, legal services, feasibility […]
by Mary Scott Nabers Cities and counties throughout the U.S. are currently planning to launch new facilities to house fire and police stations. A significant number of these new projects will be designed to consolidate fire and police operations. Others will be designed to consolidate not only police and fire services but all other emergency management […]
Transit Authorities to Launch Major New Initiatives in Coming Years
As the Biden administration begins to address climate change, transit authorities throughout the country will benefit from funding.
Clean air is a major component of sustainability, so increased funding will flow to public transit authorities in an effort to reduce the number of automobiles on roadways. Major initiatives at the local levels of government will provide hundreds of contracting opportunities as public officials attempt to make public transportation more convenient, economical, and attractive.
ESG – A Trend Destined to Impact Government Contracting
Industry leaders, investors, regulators, rating agencies, and governmental entities are all watching a strong trend that will likely become a competitive factor in government contracting in the future. The significance of the trend’s impact cannot yet be calculated, but it could be substantial.
Environmental, Social, and Governance (ESG) has been a topic of discussion at the corporate level of many large firms for a number of years. Investment groups also are discussing the various components of ESG, and many are seeking investment opportunities for projects that have high ESG metrics. Although no standardized way exists to measure ESG, companies that can point to initiatives and/or policies related to ESG often tout this in annual reports. Morningstar, Bloomberg, and MSCI use their own metrics to report on ESG ratings.
Feasibility studies are early indicators of upcoming government projects
The New Mexico Department of Transportation (NMDOT) is conducting an engineering and environmental study related to roadway improvements on a 38-mile section of US 180 between the communities of Bayard and Deming. This study has been underway for several months, and recommendations are expected early in 2021. The study is exploring various options for roadway improvement.
Zoom in on upcoming camera contracts
Planned technology purchases point to an abundance of identity tracking cameras in 2021. Surveillance cameras, tracking devices, monitoring, recording, and capturing data – that’s the future. The purchase of camera tracking technology is a very large and strong trend.
