With the passage of the Infrastructure Investment and Jobs Act (IIJA) and the American Rescue Plan Act (ARPA), the nation is investing hundreds of billions of dollars to rebuild America’s roads, bridges, and rails; expand access to clean drinking water and high-speed internet; and build clean energy infrastructure in urban and rural communities. The immense scale of the program requires significant coordination between federal, state, local, and tribal governments, challenging their leadership and resources to efficiently manage a huge portfolio of projects. They must work with private businesses to build the infrastructure, ensure on-time and on-budget delivery, and protect the public trust by safeguarding funds from fraud, waste, and abuse – on a scale not previously seen.
Infrastructure funding will flow through federal agencies to state and local governments, which must have the management systems to secure and administer the funds to comply with financial oversight requirements and programs such as those associated with Buy America. Our experienced infrastructure, grant, and program management; financial and operational compliance; and technology and data specialists assist government leaders throughout the lifecycle of the infrastructure program.
Infrastructure opportunities are beginning to hit the street . Have you maximized your ability to win projects? Whether you are a clean energy company, a heavy highway contractor, a manufacturer of construction equipment, or in any other industry expected to see significant bid opportunity, now is the time to enhance your bid qualifications to maximize your revenue opportunity. We can help you identify and understand likely government award criteria and make the operational changes necessary to strengthen your bids.
Federal agencies must direct tens of billions of funding to state and local municipalities through complex direct and competitive grant programs, while establishing the governance needed to report on progress towards administration infrastructure, community objectives, and protecting against the type of fraud that has plagued PPP and other pandemic relief programs. CohnReznick brings commercial best practices to the federal government to address stringent program requirements, maximize efficiencies, minimize risk, and make the best use of taxpayer funds.
Our infrastructure resource center provides videos, infographics, and short articles written to assist public and private sector organizations in maximizing the impact of ARPA and IIJA funding.
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