Port infrastructure in America is a critical component of economic growth, and because of that, significant capital investments distributed through grants allocated by the federal government are common. It has been estimated that between 2021 and 2025, federal investment in port infrastructure will be approximately $163 billion. These investments are focused on enhancing capacity and […]
Many federal programs support revitalization projects for cities and specific neighborhoods and currently, there is an abundance of revenue flowing to cities. The Community Development Block Grant (CDBG) Program, administered by the Department of Housing and Urban Development (HUD), is one of the oldest and best-known programs supporting municipal revitalization projects. The federal agency also […]
Welcome to the future! Public transportation is evolving so rapidly that it feels as if travel options are changing faster than ever thought possible. New ride options are abundant, and everything is being done to provide convenience. In many parts of the country, affordable housing and new communities are being created near transit loading stations. […]
Technology is changing the world as we know it! It seems new technological advances are emerging at the speed of light – and the world shifts a bit with each new development. Sensors and advanced technology now monitor public officials’ activities in hundreds of ways, and artificial intelligence is already providing them with the assistance […]
There is a significant trend to watch as cryptocurrency gains momentum and acceptance. If this trend continues, it will bring about many changes throughout America. The total global value of cryptocurrency now is approximately $3 trillion, and while that may sound small considering the world’s GDP, it is significant because of how quickly that value […]
Clean and renewable energy continues to get abundant attention, and the funding support flowing to support clean power projects is historic. Approximately $3 trillion is invested in energy globally each year, and $2 trillion of that amount is devoted to renewable energy. Hundreds of billions have been invested in clean energy initiatives in the United […]
Light Detection and Ranging technology (LiDAR) delivers critical data to protect the health of our ecosystems, and government officials use it extensively. This particular type of technology is not well known to everyone, but the benefits it provides make it worthy of note. Simply put, LIDAR provides a unique way to check for natural hazards […]
Congress continues to allocate billions to a long-overdue effort to make the country’s bridges safer. About 50,000 bridges in America recently were deemed structurally unsound, and weather-related events are taking a huge toll on bridge structures. Last week, the U.S. Department of Transportation announced $5 billion in awards for 13 large bridge projects. Many of […]
Unexpected disasters of every type are extremely costly. It might be surprising to realize that earthquakes in the U.S. cost about $15 billion annually in economic losses. While earthquakes are less common, there have been 28 earthquakes reaching a magnitude of 6 or greater in the past decade. Most of the risk is concentrated on […]
Universities throughout the country are investing significant capital in existing campus facilities. National statistics show these types of initiatives are increasing significantly. The state of Texas is an excellent example of this emerging trend. A report by the Texas Higher Education Board indicates that 923 capital expenditure projects are planned for the Texas university system […]
Earlier this month, the Federal Emergency Management Agency (FEMA) announced $1 billion for 656 new climate resiliency projects. The capital was awarded to support projects that address infrastructure risks and prepare for future natural disasters, including flooding, drought, earthquakes and extreme heat. Approximately $395 million will be invested in 28 flood-control projects designed to eliminate […]
Courthouses and other municipal buildings are being renovated and upgraded throughout the U.S. That’s because funding for them continues to be available, and that is good news. But even better is the fact that many upcoming projects carry projected costs representing hundreds of millions in contracting opportunities. While the federal government supports local municipal and […]
The most notable recent news in American infrastructure broke last week when the U.S. Department of Transportation announced $1.8 billion in new funding for 148 infrastructure projects. My previous column covered many of the projects already selected for that funding. Today’s column focuses on more projects chosen for this new funding. The upcoming projects described in […]
Last week, the U.S. Department of Transportation announced $1.8 billion in funding for 148 infrastructure projects. Most of the funding is available for projects that make streets safer for people who travel on them in any way. Work on these projects should be under way by November of this year, and funding of this type […]
Two months ago, the federal government announced that $2.4 billion is available to support rail infrastructure projects in America. Hundreds of public officials interested in rail projects have already submitted applications for funding, and decisions about the projects selected for funding will be announced soon. In December 2023, more than $9 billion was awarded for […]
It is not a new concept, but transit-oriented development (TOD) has become a sweeping trend, as evidenced by new projects being launched throughout the United States. Congress has allocated billions to support the development of attractive residential and retail communities located near public transportation stations. The objective is to enhance the ease and convenience of […]
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 maintenance study reported several years ago that $76 billion is needed immediately to […]
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 wastewater systems was estimated to be $4.93 billion. This revelation also revealed that […]
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 about 50,000 bridges with very significant issues awaiting attention, an estimated 40% can be […]
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 projects. In April alone, $224 million was made available for initiatives to construct […]
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. Federal programs are often designed to pass funds through state-level agencies, but not always. […]
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 doing that in ways that impact a city’s revenue is becoming the norm. Before the pandemic, tourism […]
Recently, the Environmental Protection Agency (EPA) released a long-awaited report on water quality standards outlining the maximum contaminant levels for per- and poly-fluoroalkyl substances (PFAS) contaminants in drinking water. This marks the first time national standards for a new contaminant have been added to the Safe Drinking Water Act since 1996. It represents, without doubt, […]
If the U.S. government marketplace is the largest market in the world, surely one should expect it to be competitive and somewhat challenging. A company’s size does not measure success with a good offering; it is almost always measured by understanding the basics — the culture, process and people. Sooner or later, most companies realize […]
The U.S. Environmental Protection Agency (EPA) recently announced more than $1 billion in funding for 110 Superfund projects. The upcoming project sites are scattered throughout the country. All locations are contaminated by industrial waste, and remediation is critically needed. Usually, the agency orders the responsible party to remediate the site, but when no party can […]
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