PASSAGE OF BIPARTISAN INFRASTRUCTURE BILL WILL PROVIDE A NEEDED BOOST TO CONSTRUCTION INDUSTRY WHILE MAKING THE ECONOMY MORE EFFICIENT

Construction Official Says House Vote in Favor of the Measure Will Help the Nation Improve Aging Roads & Bridges, Transit Systems, Drinking Water Systems and Other Public Infrastructure

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the passage in the U.S. House of Representatives of the Bipartisan Infrastructure measure:

Washington – RealEstateRama – “The reason the Bipartisan Infrastructure Bill passed in the House today is because a majority of Representatives understand that this measure will provide significant, tangible improvements to their lives of the constituents and the success of their local employers. That is because the bill provides the kind of funding needed to modernize the country’s aging and overburdened infrastructure. The legislation also maintains the policy of One Federal Decision, cutting the amount of time needed for federal reviews of infrastructure projects.

“Because of today’s vote, state and local officials will be able to invest in a more efficient supply chain network. They will also be able to improve roads and bridges to make them safer and more reliable. Metro areas will be able to better maintain and expand transit systems. And water authorities will be able to further safeguard the quality of local drinking water, among other improvements funded by this bill. The measure also provides needed investments to make infrastructure more resilient to extreme weather events.

“Once the President signs this bill into law, our members are ready to begin the hard, but necessary, work of rebuilding the nation’s infrastructure. They will also begin the work of building rewarding careers for a generation of new construction professionals because of this measure. Ultimately, these new infrastructure investments will provide a needed boost for the construction industry while making our economy more efficient.”

“At the same time, we urge members of the Senate and the Biden administration to reject the more partisan, and potentially damaging so-called social infrastructure bill. This measure will significantly expand the role of the federal government in many aspects of the economy. The last thing the economy needs now are the kind of self-inflicted wounds that are the hallmark of this social infrastructure measure.”

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