The expected impact of $125B in federal procurement funds

2022-01-13

The Infrastructure Investment and Jobs Act will provide about $125 billion for federal procurement, including provisions that could encourage increased use of public-private partnerships in federally funded construction projects. The legislation also creates a Commerce Department agency to assist disadvantaged business enterprises in seeking contracts, grants and capital, and it will help fund the use of advanced digital construction management systems.

Full story:

AGC Risk Management SmartBrief

Construction risk management news

AGC Risk Management SmartBrief is a FREE, weekly e-mail newsletter. By providing the latest need-to-know industry news and information, AGC Risk Management SmartBrief saves you time and keeps you smart.