On November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act (IIJA) (Public Law 117-58). The IIJA includes the Build America, Buy America Act which declares that “none of the funds made available for a federal financial assistance program for infrastructure may be obligated for a project unless all of the
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Number of New Public Works Construction Projects to Rise as Infrastructure Investment and Jobs Act Signed into Law
By Robinson+Cole's Construction Group on
Posted in Construction Industry
On November 15, 2021, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA)which reauthorizes surface transportation funds and allocates $550 billion for new federal spending over the next five years. The $550 billion in new spending encompasses:
- $73 billion for upgrades to the country’s electricity grid, including the ability to
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