In June, the Trump Administration announced its fundamental principles for rebuilding the United States’ aging infrastructure. As detailed by the White House, the new approach will rest on a foundation of long-term reforms, focusing on how infrastructure projects are regulated, funded, delivered and maintained. If all goes according to the Administration’s timeline, these reforms will be included in legislation that will be ready for Congress to consider by the end of the year.

Across all branches of local, state and federal government, there is almost universal agreement that there is a critical need to modernize and expand infrastructure in the United States. Supporters of increased infrastructure spending cite traffic-choked tunnels and outdated, overburdened water systems, as well as highways, bridges, airports, hospitals and courthouses designed in the 20th century and inadequate to meet 21st century requirements.

There is no doubt that an overhaul of our infrastructure represents a major challenge, but we also believe that it presents a compelling opportunity. The Administration has called for the participation of the private sector in rebuilding of our infrastructure, saying that it would like to “unleash private sector capital and expertise to rebuild our cities and states.”

We agree that this approach is essential for maintaining America’s global competitiveness and for delivering faster and better results for the American people, including the creation of good long-term jobs. In our experience, when the private sector is involved as a partner, from the planning phase through design, construction and operations, the end result is more likely to be a better return on investment for the government and for the communities the projects serve.

The private sector can bring its technical expertise and project management experience to an infrastructure project, to increase efficiency and help increase the likelihood of success. In some cases, this means offering improvements to existing infrastructure plans at an early planning stage. In other cases, to apply best practices, innovative ideas and project management efficiency when the work begins.

Published date: 10/18/2017
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