The federal government allocates approximately $1.9 billion annually for maintenance projects related to buildings, roads on land owned by the federal government, parks and every other public asset. That may sound like a lot – until it is noted that a deferred...
Water resources are a critical component of any region’s ecosystems. But, perhaps even more important is the realization that water is also essential for human survival. Its needs cannot be ignored. In 2023, the U.S. market for only drinking water treatment and...
Approximately $14.4 billion is spent each year to repair, rehabilitate or replace bridges in America. However, that annual amount has increased and will continue to increase because the backlog of critically needed bridge repairs is estimated to be $125 billion. Of...
April has been a big month for airport infrastructure funding. Two separate announcements of new funding awards were made. The first announcement, on April 5, was for $148 million. On April 25, the second announcement allocated another $76 million to support airport...
A notice of funding opportunity (NOFO) is an announcement that allows eligible entities to know when there is an opening to submit funding applications. A NOFO not only announces the availability but also provides timelines and guidance for making funding requests....
Economic development initiatives have always focused on boosting local economies, but now they are commonly designed to deliver revenue to budget-restrained cities and counties. Attracting tourists and visitors is still a key focus of economic development efforts, but...
