Money, Money, Money
Author: John Adler, CPPO
President Biden signed the infrastructure bill, and soon state and local procurement folks will help spend $1 trillion in critically needed federal funds.
Here are the numbers according to the Associated Press:
- $110 billion for roads and bridges
- $39 billion for public transit
- $66 billion for passenger and freight rail
- $7.5 billion for electric vehicle charging stations
- $5 billion for electric and hybrid school buses
- $65 billion for internet
- $65 billion to update the electric grid
- $25 billion for airports
- $55 billion for water and wastewater