WASHINGTON (March 3, 2021) — The American Society of Civil Engineering (ASCE) released its 2021 Score Card today, bumping America’s infrastructure score up to a C-, the first time it has graded outside of the D range in 20 years. The C range of scores indicates a “mediocre score with some elements exhibiting significant deficiencies in conditions and functionality.”
WASHINGTON (March 2, 2021) — Transportation Secretary Pete Buttigieg called the upcoming boost to United States infrastructure a once-in-a-generation opportunity in an interview Tuesday.
LONDON (Feb. 24, 2021) — According to survey results in the latest IHS Markit and the Procurement Executives Group (PEG), construction prices have continued an upward trend in the past month. This is largely attributed to copper prices increasing for the eighth consecutive month, a rise in carbon steel pipe and fabricated structural steel prices from January and a third straight price increase for transformers.
WASHINGTON (Feb. 26, 2021) — A report from the American Road & Transportation Builders Association (ARTBA) shows that the 2015 Fixing America’s Surface Transportation (FAST) Act Law funded more than 110,000 Road & Bridge Improvements between fiscal years 2016 and 2020. The research shows that states leveraged nearly $200 billion in federal funds to support over $340.5 billion in new highway and bridge program improvements.