On Nov. 21, Congress sent FY 2020 funding legislation to President Trump that includes ԹϺ-backed repeal of a $7.6 billion cut to federal highway funding, known as a “rescission,” that was scheduled to take place on July 1, 2020. This rescission—required by the current federal highway and transit law, the FAST Act— would have affected all 50 states and the District of Columbia by limiting local flexibility and possibly hindering the ability to plan and carry out critical projects. ԹϺ applauds Congress’ action to repeal this rescission and will continue to monitor the progress of FY 2020 spending legislation to ensure continued investment in our nation’s infrastructure.
On Nov. 12, the U.S. Department of Transportation announced approximately $900 million in grant awards through the Better Utilizing Investments to Leverage Development (BUILD) transportation grant program to improve the Nation’s surface transportation infrastructure. The fiscal year 2019 funding was awarded on a competitive basis to 55 projects across the country. The BUILD grants program receives federal funding through the annual transportation, housing and urban development, and related agencies appropriation bill. To view the list of projects and the summaries of individual projects, please click here.
On Nov. 14, ԹϺ joined transportation stakeholders in urging Congress to repeal a $7.6 billion cut to federal highway funding, known as a “rescission,” scheduled for July 1, 2020. The rescission—required by the FAST Act—affects all 50 states and the District of Columbia (specific impacts by state here) by limiting local flexibility and possibly hindering the ability to plan and carry out critical projects. Specific information on the impact to individual states is needed to bolster the case for corrective legislative action. To that end, ԹϺ is requesting that ԹϺ chapters and members please share any information regarding the short- and long-term impacts of the rescission on individual states with ԹϺ’s Murphie Barrett.
The ԹϺ Business Development Forum brings together Business Development professionals in one place, for one purpose – creating business opportunities by sharing the latest techniques and tools of Business Development, following and reporting on trends in the construction market and connecting a network of professionals invested in building better businesses. ԹϺ’s BD Forum members include project managers, C-Suite executives, specialty contractors, marketing professionals and more - ԹϺ’s BD Forum is for everyone because everyone is involved in BD!
On Nov. 4, the Federal Highway Administration released a table showing the cut, known as a rescission, to each state’s federal highway funding as required by the FAST Act. Specifically, the FAST Act requires an approximately $7.6 billion cut in federal highway funding on July 1, 2020. If allowed to take effect, this cut will limit states flexibility to address their individual needs and can negatively impact their ability to plan and deliver critical projects. ԹϺ, along with a broad coalition of stakeholders, is continuing to urge Congress to repeal this cut as part of any must-pass legislation this year.
Cutting Off Vital Infrastructure Funding Will Hurt Efforts to Improve California’s Infrastructure and Air Quality; Construction Association Urges Federal Officials to Give State a Grace Period
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the agreement between President Trump, Speaker Pelosi and Minority Leader Schumer to Pass a $2 Trillion Infrastructure Package:
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to President Trump’s State of the Union call for new infrastructure investments: