Funding from Bipartisan Infrastructure Law and Supplemental
On January 19, the U.S. Army Corps of Engineers released its Civil Works studies, projects, and programs that will be implemented by the recently enacted Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) and a separate disaster supplemental. Taken together these two laws have provided the Army Corps with $22.81 billion in supplemental funding. According to the White House, more than $14 billion of this funding will be allocated for FY 2022 for over 500 projects across 52 states and territories. These projects will focus on improvements at ports and waterways to address the supply chain backlog and recovery and resiliency investments to areas recently impacted by natural disasters.
If you are thinking about getting into federal construction contracting, AGC provides a five-session course on the basics of construction contracting with the federal government: Five Part Webinar Series - Federal Construction 101. In addition, this and other topics will be discussed at AGC’s Annual Federal Contractors Conference taking place in-person in Washington, D.C. on June 20-22, 2022.
For more information, contact Jordan Howard at Jordan.email@example.com or 703-837-5368.