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January 26, 2022

As Infrastructure Money Pours In, Construction Companies Prepare To Deal With Unintended Consequences


Dees Stribling
January 26, 2022

The $1.2T infrastructure bill has been lauded as a tonic for the crumbling state of U.S. infrastructure, but new funds might come with new problems for the construction industry.

The $550B surge in new funding will mean more work for an industry already struggling to meet current demand levels and exacerbate supply chain issues and labor shortages, experts predict.

In short, the industry faces an even harder squeeze this year.

New construction technology will serve as a bright spot in mitigating some of the challenges brought by the influx of infrastructure funding.

“Innovation in design, including the use of 3D modeling and digital twins, and an approach that incorporates digital planning tools and effective program management, can help reduce conditions that often cause delays,” AECOM Senior Vice President of Global Transportation Innovation Shailen Bhatt said.

To read more, visit Bisnow.

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