On November 15, 2021, President Joe Biden signed the Bipartisan Infrastructure Deal into law – the biggest historical investment into our nation’s infrastructure, including supply chains, water, clean energy, and broadband. The $1.2 trillion Deal will be spread through multiple agencies and projects over the next ten years. Over half of all new funding will be dedicated to the Department of Transportation. This once-in-a-generation Infrastructure Deal will:
- Promote the reparation and building of new roads and bridges ($111B)
- Improve and expand public transportation ($39B)
- Upgrade airports nationwide ($25B)
- Improve waterways and ports ($17B)
- Upgrade and create new passenger and freight rail ($66B)
- Increase the nation’s broadband access ($65B)
- Build a comprehensive EV network of cars and buses ($15B)
- Upgrade infrastructure to withstand extreme weather and cyber-attacks ($79B)
- Increase nationwide resiliency ($47B).
- Supplemental appropriations and increased contract authority safety ($11B)
Key departments include the Department of Agriculture, Department of Commerce, Department of Energy, Department of Homeland Security, Department of the Interior, Department of Transportation, and the Environmental Protection Agency. The BIL will authorize $550 B in new spending. Some new competitive grants include:
- The Brownfield Remediation Program (EPA, OLEM) for $1.5B, where land or property may contain hazardous materials from former industrial sites, gas stations, dry cleaners, or mining sites.
- The Building Resilient Infrastructure & Communities Program (DHS, FEMA) for $1B, to provide flexible grants to cities, states, territories, or tribes to reduce risk and danger from extreme weather events (ex. Hurricanes, tornadoes, earthquakes) and other hazards
- Airport Terminal Program (USDOT, FAA) for $5B, to provide funding for airport terminal development projects, increase airport capacity, replace deteriorating infrastructure, and become energy efficient.
The Bipartisan Infrastructure Law will create 1.5 million jobs per year for the next ten years…
The Bipartisan Infrastructure Law will create 1.5 million jobs per year for the next 10 years, sustain and build the United States economy, and take large steps to tackle the on-going climate crisis. The Deal will also extend the Secure Rural Program for three more years, deliver clean water to every American home, and create a new Reconnecting Communities pilot program.
LSI is already working on projects and proposals from the BIL. We are excited about tackling these nationwide issues and improving lives nationwide. If your team wants to gain access to this rare funding and successfully collaborate with the federal government, reach out to our team at [email protected]
