There have been consistent whispers during the Trump Campaign of a national infrastructure deal just around the corner. While the whispers persist, there has not been any strong progression towards improving the national infrastructure. Multiple attempts have been made, but they have all fallen apart due to disagreement on the cost associated, where the cash will come from, and what sectors to prioritize. Typically, the first few years of a presidency are difficult to get alignment on topics. Infrastructure improvement seems to be an agreement on both sides. With the senate now split 50/50, Vice President elect, Kamala Harris’ vote could be the sway necessary to nudge the US infrastructure deal into action. With the American Society of Civil Engineers grading out the United states as a D+ on the current infrastructure, we certainly could use some renovations.
A few projects estimated to start early in 2021 are:
- $250 million expansion project at the Southwest Florida International Airport, which will focus on security, dining, shopping, and check-in. Currently underway is a $45 million project focusing on passenger boarding.
- Virginia will be seeking to improve efficiencies of water metering in the Newport News area. Some 126K manual meters will be transitioned to an automated electronic meter with an estimated cost of $45 million. Virginia will also be seeking to reduce lead risk in waterways.
- Pittsburgh, PA will be investing heavily in revamping the storm water and drainage solutions that are outdated, and lead to runoff into the waterways during heavy rains and flooding. The estimated costs of this are not yet known due to the complexities of an inner-city drainage system and potential city delays.
- According to the American Road & Transportation Builders Assoc., almost $10 billion in 2020 projects were delayed due to COVID-19 impacts.