Water Infrastructure Barrasso, Carper Propose $19.5B Water Infrastructure Package Tom Ichniowski April 22, 2020 No Comments Draft proposal has $4.3B for Corps projects, $7.5B over three years for EPA Clean Water state revolving fundsRead More
Coronavirus and Construction Senate Votes to Add $310B to 'Paycheck Protection' Loans, $75B for Health Care Tom Ichniowski April 21, 2020 No Comments House of Representatives action is the package's next step.Read More
Coronavirus and Construction Airports Plan to Apply for Shares of $10B in CARES Act Grants Aileen Cho Tom Ichniowski April 17, 2020 No Comments Because of workforce-retention requirements, most of the funds are likely to go for payroll, not construction.Read More
Coronavirus and Construction Update: Construction Tops Industries in Paycheck Protection Loan Volume But SBA says all of the program's funding was exhausted by April 16 Tom Ichniowski April 17, 2020 No Comments Updated figures show construction companies received $44.9 million in PPP loans, more than any other industry.Read More
Water Infrastructure Army Names New Corps of Engineers Deputy Chief Changes announced in several other key Corps posts Tom Ichniowski April 15, 2020 No Comments Maj. Gen. David C. Hill, former commander of Transatlantic and Southwestern divisions, moves into No. 2 agency position.Read More
Infrastructure Bills Move to the Back Burner Tom Ichniowski April 15, 2020 No Comments Early April talk about including infrastructure provisions in recovery bills related to the coronavirus pandemic has been overtaken by other priorities, such as more aid for small businesses.Read More
Highway Infrastructure Report: Small Reductions in Deficient-Bridge Total but Huge Backlog Remains Tom Ichniowski April 13, 2020 No Comments ARTBA report says 2019 saw net reduction of 900 deficient bridges, or 2%.Read More
Coronavirus and Construction Update: After Senate Setback, Fate Of COVID Loan Program Unclear Tom Ichniowski April 9, 2020 No Comments Schumer says a deal might be reached but McConnell, McCarthy continue to back PPP-only infusion.Read More
Coronavirus and Construction Treasury Eases Construction Firms' Path to COVID-19 Paycheck Protection Loans New federal guidance changes earlier SBA rule Tom Ichniowski April 7, 2020 One Comment Treasury's action responds to complaint from Associated General Contractors of America.Read More
AGC Slams SBA Rule for Key CARES Act Business Loans Tom Ichniowski April 6, 2020 No Comments AGC says SBA interim regulation places extra requirement on construction firms, contradicting the Treasury interpretation.Read More