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
Infrastructure Investment and Jobs Act
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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Public Works Construction Projects Set to Increase if Infrastructure Investment and Jobs Act of 2021 Becomes Law
By Robinson+Cole's Construction Group on
While its ultimate passage remains unclear, on August 10, 2021, the United States Senate approved passage of the Infrastructure Investment and Jobs Act (H.R.3684) (“the Act”). According to the bill’s sponsors, the Act aims to accomplish the following:…
Continue Reading Public Works Construction Projects Set to Increase if Infrastructure Investment and Jobs Act of 2021 Becomes Law