Insights - Page 7

Federal funding announced for rail infrastructure projects

The federal government just allocated $1.4 billion from the Bipartisan Infrastructure Act to support rail infrastructure projects nationwide. Seventy projects in 35 states and Washington, D.C., are recipients of the funding. This year’s allocation is the largest that has ever been dispensed
September 29, 2023

Funding for infrastructure projects continues to expand

TIPs and STIPs are acronyms for transportation improvement programs at the local and state levels of government. The formal names are ‘Transportation Improvement Program’ and ‘Statewide Transportation Improvement Program.’ They both fund transportation projects and allow for the coordination of federal, state, and local funding.
September 22, 2023

New federal funding program now available to support water projects

A new federal funding program has just been announced. The Department of the Interior will oversee what has been named the WaterSMART Program. It is designed to provide funding for projects that fortify the Western region of the U.S. against drought and climate-related
September 15, 2023

Projects to prevent, repair weather damage are abundant

Hurricane season officially began in June and will continue through November. Weather watchers, public officials and first responders will be highly focused on storm threats for the next few months. Tropical hurricanes can develop anytime but are more common during the Atlantic
September 13, 2023

A P3 project near you soon? Chances are good in 2024!

Every jurisdiction has benefitted significantly over the last few years from a historic amount of federal funding that Congress made available for infrastructure projects. Unfortunately, that funding has an expiration date. The funds will disappear over the next few years and it
September 6, 2023

Massive support, funding now available to improve supply-chain networks

New opportunities for multimodal freight, rail, and port projects are being announced frequently because federal funding is now available to support roadway infrastructure, specifically supply chain projects. In 2022, federal officials announced $1.5 billion in new funding for these types of infrastructure
September 1, 2023
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