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Posts Tagged ‘infrastructure development’

Rail revolution – Unprecedented funding for projects continues nationwide

Friday, June 28th, 2024

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 […]

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A multi-billion-dollar water industry segment not to be overlooked

Wednesday, June 19th, 2024

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 […]

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Hurricane season has started, but hundreds of weather-related projects are still in design phase

Friday, June 14th, 2024

The Atlantic hurricane season, which will continue until the end of November, officially began June 1. The season has started slower than usual, but the National Oceanic and Atmospheric Administration (NOAA) forecast is ominous. The 2024 season is predicted to be unusually active, with 17 to 25 named storms and eight to 13 hurricanes. By […]

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Multi-Billion Dollar Investments Propel Bridge Repair and Replacement Projects Nationwide

Friday, May 3rd, 2024

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 […]

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Local government officials will appreciate this funding

Wednesday, January 24th, 2024

Jan. 24th 2024 | by Mary Scott Nabers  I want to bring to your attention a sector of a federally funded program that I believe is not receiving adequate attention. The program facilitates local projects that public officials wish to launch. The Treasury Department administers the Facilities Grant Program, which is awarding grant funding to support the […]

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Hundreds of Bridge Repair and Replacement Projects Will Launch Soon

Friday, January 12th, 2024

by Mary Scott Nabers 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 […]

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Water infrastructure upgrades and expansion projects will likely reach historic numbers in 2024

Monday, December 18th, 2023

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 […]

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Recent $8.1 billion allocation for rail projects should stir some interest in 2024

Monday, December 18th, 2023

by Mary Scott Nabers Last week, the Federal Railroad Administration (FRA) announced $8.1 billion in funding for passenger rail projects. The funding is a part of the Bipartisan Infrastructure Act that Congress passed several years ago, but the funding now is flowing aggressively. This type of historic support is facilitating an abundance of rail projects […]

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A large 2024 market sector that should not be overlooked

Wednesday, December 6th, 2023

by Mary Scott Nabers Several months ago, the Americans with Disabilities Act (ADA) celebrated its 33rd anniversary. The law, which prohibits discrimination against people with disabilities, currently covers support and assistance for approximately 42 million people in America. Mandated compliance with ADA statutes creates a large marketplace for construction projects. 2024 will be a banner year […]

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Upcoming transportation projects are outlined in planning documents throughout America

Wednesday, November 22nd, 2023

by Mary Scott Nabers Many people complain about toll road fees. The most common comment is, “Why should I have to pay for using a road that was constructed with my tax dollars”? The answer is simple. The fees required to maintain, expand, and construct new roadways throughout the state must come from somewhere and tolled […]

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