After decades of underinvestment and deteriorating assets, recent legislation and emerging technologies have the potential to drive transformative change that positively impacts millions of people across the country. Can we collectively rise to the occasion?
The Bipartisan Infrastructure Law—also known as the Infrastructure Investment and Jobs Act—is a once-in-a-generation investment in the United States’ core infrastructure. The bipartisan legislation provides for $1.2 trillion in spending over the next five years, including $550 billion in new spending for roads, bridges, public transit, power systems, broadband, water systems, climate resilience, and more.
This investment presents a massive opportunity for federal, state, and local governments to rebuild the country’s aging cities, roads, and bridges. It will create new jobs, combat climate change, and spur economic opportunity for disadvantaged communities. The 2021 Infrastructure Bill also presents opportunities for the industries that partner with governments to plan, develop, and operate US infrastructure.
BCG works closely with federal, state, and local governments—as well as partner industries—to help invest public dollars efficiently and equitably in:
In the coming months, we will provide valuable insights from diverse programs in the U.S. and global experiences on effectively strategizing, implementing, and overseeing large-scale infrastructure projects. With the unprecedented opportunities presented by the IIJA, IRA, and CHIPS, states have a unique chance to revolutionize infrastructure delivery and foster enduring positive impact in communities nationwide.
BCG has the depth and breadth of expertise to ensure that new projects are managed efficiently and holistically. We’re able to do this because our capabilities, tools, and partnerships touch upon every aspect of the bipartisan infrastructure plan.
The United States infrastructure bill will deliver immense investments in transportation, broadband, clean energy, and cities across the US. BCG has decades of experience maximizing return on investment in all these areas.
Our transportation consulting team has deep experience driving successful transformations for airports, roads, railways, and ports.
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Alternatives to traditional homes account for up to 6% of all new residential units built annually, and demand is predicted to continue. The construction industry must adapt.
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Government procurement agencies must take steps to abate their greenhouse-gas emissions. They have the buying power to encourage heavy-emitting industries to abate theirs as well.
The Biden administration has a chance to create jobs, strive for racial equity, and promote public health through smart spending.