President’s Corner — by Brian Crandall

NAXSA — Brian Crandall
  1. The bill totals a little less than $1.0 trillion over 5 years or $1.2 trillion over 8 years. I have not been able to find out how the spending duration is determined.
  2. 40% of the bill is the re-authorization of the Surface Transportation Program, which has been underfunded for many years. So basically, this is not new money but continues the programs that are in place. Our Members who are involved with traffic protection may benefit from this.
  3. 60% of the bill is considered new spending ($579 billion). I am not sure how they came up with the number and I cannot find a list of projects but based on the titles of the breakdown, we can assume that our Members may find work in the following:
  • $55 billion for water infrastructure
  • $65 billion for broadband (not sure how much excavation)
  • $73 billion for new transmission lines (towers, some excavation)
  • $21 billion for pollution remediation (I assume Super Fund work)
  • The rest of the 60% does not appear to cover our work but there are no lists of projects, so maybe there will be something related to our industry.

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