Federal infrastructure dollars are flowing to states and jurisdictions, thanks to the $1.2 trillion Infrastructure Investment and Jobs Act passed in November 2021. That public spending is keeping the construction industry afloat, even as private projects stall.
Nonetheless, a recent Associated General Contractors of America report warned some of the regulatory requirements associated with this federal construction funding, such as incomplete guidance on new Buy America rules, has delayed projects.
Some contractors are also having difficulty finding enough workers to do the job once they land it, which is why Pennsylvania Gov. Josh Shapiro recently launched a program to help infrastructure-building companies address the skilled trade labor shortage.
Construction Dive wants to know what impact the IIJA is having on your business. Have you won any IIJA-funded projects or seen any impact on your backlog? Are there any particular challenges you’re seeing with regards to IIJA projects? What is your biggest hurdle to taking on this work?
Let us know by filling out the survey below.