Infrastructure is what keeps business—and life—moving. The strength of the nation’s public roads and utility distribution systems impacts everything from employment to healthcare. According to the American Society of Civil Engineers (ASCE), however, 43% of the public roadways in the United States remain in poor or mediocre condition, with almost 231,000 bridges needing repair—nearly 8% of them structurally deficient. These systems need major repair, replacement, or preservation work and soon.
The U.S. Infrastructure Investment and Jobs Act (IIJA), signed into law in November 2021, is a historic, $550 billion investment to address deteriorating infrastructure, including projects to improve public transportation, roadways and water and energy distribution systems.
