Approximately $14.4 billion is spent yearly to repair, rehabilitate or replace bridges in America. However, that yearly amount has increased and will continue to increase because the backlog of critically needed bridge repairs is estimated to be $125 billion. With about 50,000 bridges with very significant issues awaiting attention, an estimated 40% of them can […]
Following a near-total collapse of air travel during the COVID-19 pandemic, early 2024 marks a significant milestone as North American air travel is finally returning to normal. Normal, however, may not be the appropriate word because many airports are experiencing significantly higher passenger demand. The demand is driving a huge need for expansion and renovation, […]
It is shocking to realize that more than 42% of America’s 617,000 bridges are more than half a century old, and one-third of them are in dire need of repair or replacement. Even more sobering is the fact that 46,000 U.S. bridges are considered structurally deficient or in poor condition, given that 178 million trips […]
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 […]
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 […]
A new multi-billion-dollar funding program was created recently to support energy infrastructure projects and will be overseen by the U.S. Department of Energy (DOE). With $10.5 billion available for public and private sector projects that strengthen America’s energy supply, an announcement was made over the last several days that the first round of funding has […]