New York, NY (March 2014) – The Board of Directors of AIAI – the Association for the Improvement of American Infrastructure is proud to support the Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act. The proposed legislation, led by Virginia Senator Mark Warner, with bi-partisan support is intended to help close America’s widening infrastructure gap, create millions of jobs in the next decade, and ensure America’s global competitiveness in the 21st century. The BRIDGE Act serves the public interest and provides structure and a means to achieve mutually beneficial outcomes for both sides of the political aisle and for participants in public private partnerships. The AIAI applauds the leadership demonstrated by those legislators who provide solutions and take action to solve America's infrastructure crisis. William Marino, Chairman of AIAI and Richard Fierce, President of AIAI provided the following to the Senator in support of the Act: "The BRIDGE Act presents leadership of the Federal government with the opportunity to advance the state of infrastructure in the United States. The Infrastructure Financing Authority can provide the credit facility and oversight in support of the improvement of infrastructure in the United States. This bill can increase the speed of delivery, capacity and longevity of financing tools available for Public Private Partnerships. The BRIDGE Act serves the public interest." AIAI - the Association for the Improvement of American Infrastructure is a non-profit organization formed to help shape the direction of the national Public Private Partnership marketplace. AIAI serves as a national proponent to facilitate education and legislation through targeted advocacy. “The goal of AIAI is to work with and provide information and support to the P3 movement in the United States. We believe that we can strengthen the foundation of our country through the growth and development of our infrastructure. America depends on this foundation to remain globally competitive. It is imperative that we all work together to create opportunities to improve our current systems and processes in order to achieve the desired outcome: putting America back to work.” - Timothy Rutten, Chair, AIAI Government Affairs Committee AIAI’s Board has national and international experience and industry knowledge that provides AIAI with a clear direction for developing and advocating policy and legislative solutions, allowing more equitable and effective partnerships across diverse market sectors from transportation and energy to educational, health and public service institutions.
BRIDGE Act set to create millions of jobs in the next decade, and ensure America’s global competitiveness in the 21st century