Red Tape Threatens Rollout of Infrastructure Package
A summit will be hosted this fall by the Biden Administration to help cities and states in line for federal infrastructure funds avoid the stalling of American projects.
According to The Bond Buyer, as funds begin to flow from the $1.2 trillion Infrastructure Investment and Jobs Act, the government is eyeing ways to manage issues like permitting, community opposition and litigation, which have long driven up the costs and timeline of American infrastructure projects. Those challenges are on top of the current economic hurdles of inflation and a tight labor force.
