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REPORT PROVES SAFETY SPIKE EFFECT ON BEST PRACTICES-DRIVEN CONTRACTORS

Read more: REPORT PROVES SAFETY SPIKE EFFECT ON BEST PRACTICES-DRIVEN CONTRACTORS

EPA opens water infrastructure funding round with deepened pockets

An Environmental Protection Agency Notice of Funding Availability invites letters of interest from states and municipalities seeking credit assistance under the Water Infrastructure Finance and Innovation Act (WIFIA), whose funding doubled from the prior year as part of the Consolidated Appropriations Act of 2018.

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Mayors, governors promote P3s for public buildings

A bipartisan group of 14 mayors and 10 governors have sent letters to Congressional leadership expressing their strong support for the Public Buildings Renewal Act (S. 3177/ H.R.5361) or PBRA, which will spur private investment in rebuilding America’s unsafe and dilapidated public buildings. The bill would permit state and local governments to access $5 billion in private activity bonds (PAB) for the financing of critical construction and infrastructure projects for qualified schools, hospitals, courthouses, universities, police stations, and prisons.

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Agencies aim to cut red tape hampering infrastructure projects

Transportation Secretary Elaine Chao, Environmental Protection Agency Administrator Scott Pruitt and six federal agency or department counterparts joined President Donald Trump in a meeting at the Oval Office last month to sign a memorandum of understanding (MOU) committing to the One Federal Decision framework for major infrastructure projects.

Read more: Agencies aim to cut red tape hampering infrastructure projects