SPI Insights

Thousands of large public projects that will require private sector expertise are in final planning stages. When solicitation documents are released, these projects will grab the attention of private sector contractors and competition will be fierce. Regrettably, there are just as many smaller projects – some of them considered critical — that will get less […]

Public officials and contractors know about redevelopment districts, special tax benefits and alternative funding available through the Tax Increment Financing (TIF) program. But the program has morphed somewhat, and the coveted funding and tax benefits are even more attractive now. That’s because of the innovative ways that some states are using the program. The TIF […]

Water that is clean, safe, and adequate is essential to human existence. It’s also a critical component of industry and economic development. And yet, the Environmental Protection Agency (EPA) recently announced that 53 percent of river and stream miles, 71 percent of lakes, 80 percent of estuarine square miles, and 98 percent of the Great […]

Last week the U.S. Department of Transportation (USDOT) disbursed $1.5 billion for upcoming projects designed to make highway, multimodal freight and rail infrastructure safer, more efficient and resilient. More will follow and it is important to note that while state transportation agencies will oversee most of the projects, the work will be done in cities […]

Congress has several funding programs designed to incentivize private sector firms to help preserve America’s history, but the historic tax credit (HTC) program is the largest one. This particular program has leveraged more than $102 billion in private investment to rehabilitate older public assets in exchange for tax credits. The doors are currently open for […]

Another $3 billion in federal funding is now available for state and local governmental entities. This funding was allocated in the American Rescue Plan (ARPA) legislation that passed in 2021 but it took this long to design the allocation process and the funding has only recently started flowing. The new revenue will soon create hundreds […]

School districts throughout the U.S. are launching initiatives to keep students safe in classrooms. Millions of dollars are being spent but, relief is not coming quickly enough for most parents, students, teachers, and administrators. Campus comfort is hard to find currently. Teachers and administrators are focused on security, threats, incident attempts, cybersecurity breaches, and other […]