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Federal money buoys construction, engineering firms

August 15, 2023

Legislation passed since 2021, including the Infrastructure Investment and Jobs Act, Inflation Reduction Act and the CHIPS and Science Act, collectively authorized federal investments of nearly $1.9 trillion over a period of years and spurred additional investments from the private sector.

In testimony to Congress in March, American Road and Transportation Builders Association Chair Paula Hammond said that “more than 36,000 transportation improvement projects — including at least one in every congressional district — have moved forward in the past 16 months as implementation of the federal Infrastructure Investment and Jobs Act continues.”

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