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 Choity Khan 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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