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The Infrastructure Investment and Jobs Act (IIJA) (Public Law 117-58) was signed on November 15, 2021, providing $ 550 billion in new federal infrastructure funds by 2026. The investment provides opportunities for transport, electricity and water infrastructure development . The bipartisan infrastructure law will support the U.S. economy at the federal, state, and local levels, using state and local government investment to expand clean water initiatives, Internet access, transportation and safety opportunities, environmental sustainability, and economic development throughout country.
National Investment Program for Bridges
This month, the U.S. Department of Transportation Federal Highway Administration issued a notice of funding opportunities for the Bridges Investment Program (BIP). The largest national investment in bridges since the construction of the interstate highway system, BIP provides $ 2.36 billion in fiscal 2022 ($ 12.5 billion over five years), which will support the operation of bridges in the country through repair, rehabilitation , protection, replacement and preventive maintenance. Federal funding will be directly available to recipients at all levels of government.
Specifics of the grant and application
Grants awarded through BIP will be multi-annual grant agreements for projects to go through pre-construction and commissioning. Application access is available to counties directly through USDOPT, along with the ability to include multiple bridge projects in a single application. Applications fall into three funding categories: planning, major bridge projects and bridge projects. Planning applications, due by July 25, 2022, provide grants specific to the planning process and allow forecasting and analysis of the revenue needed to develop a project eligible for BIP. Planning grants allow projects in the early stages of development to be eligible for BIP funding. Applications for major bridge projects must be by August 9, 2022, and are available for projects with eligible costs in excess of $ 100 million. Projects with eligible costs of less than $ 100 million are eligible for bridge projects to be scheduled for September 8, 2022.
Significance of local impact
Direct funding of local government units is a vital aspect of BIP, as almost half of the nation’s bridge inventory is owned by the county. Four out of ten bridges in the National List of Bridges, as well as most bridges outside the system, make up the county’s population of the nation’s bridges. Federal investment funding for bridges, which flows directly to local entities, will make possible projects for protection, rehabilitation and preventive maintenance of bridges, so that transport safety, supply chains and improvements in economic development can be seen at the local and state levels.
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