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Rebuilding America’s Infrastructure The Road Ahead for Transportation Engineering - LVI Associates

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Rebuilding America’s Infrastructure The Road Ahead for Transportation Engineering - LVI Associates

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  1. Rebuilding America’s Infrastructure: The Road Ahead for Transportation Engineering Critically improving transportation conditions Making recent headline news around the world, the Infrastructure Investment and Jobs Act (IIJA) provides unprecedented federal funding for infrastructure projects across the US. The bi-partisan bill, which has been years in the making, will deliver $1.2 trillion in federal spending over the next five years across a variety of infrastructure projects from renewable energy to electric vehicle manufacturing. Along with these sustainable projects, a main focus of the infrastructure funding will be $110 billion towards transportation projects including road and bridge improvements, and $11 billion for transportation safety projects. With 1 in 5 miles of highways and major roads, and 45,000 bridges across the US in poor condition, this funding will support critical projects to improve the condition, safety, and environmental sustainability of America’s transportation network.

  2. Opportunities in Transportation Engineering Transportation engineering firms across the US met news of the Bill’s signing with excitement, as they have been eagerly waiting funding of this scale for several years. The government investment in roads, bridges, and safety means that funding will finally be available for many projects that have already been awarded to firms, as well as new projects that they will have the opportunity to bid for. However, as firms evaluate their project pipeline ahead, a challenge looms questioning how they will resource these projects with the right talent. An Increasing Talent Shortage A Moody's Analytics report found that the infrastructure spending will create more than 800,000 jobs by 2025, many of which will be in the transportation engineering sector. In an industry that is already facing a talent shortage, many firms are concerned attracting and retaining transportation talent to resource the upcoming workload. Please visit: https://www.lviassociates.com/blog/2021/12/the-road-ahead-for-transportation- engineering

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