Rep. Earl Blumenauer (D-Ore.), a member of the House Ways and Means Committee, cited ASCE’s study, “Failure to Act: Economic Impacts of Status Quo Investment Across Infrastructure Systems,” as ideal starting point for the infrastructure financing discussion.

The U.S. faces a $338-billion shortfall in grid infrastructure by 2039, driven by state renewable-portfolio standards.

The projects could put unemployed workers back to work and help resolve a backlog of infrastructure projects, ASCE says.

With Miami the setting for its 2019 convention, the American Society of Civil Engineers unveiled an initial proof-of-concept vision for a sea-based “Floating City,” one of five concepts included within the association’s Future World Vision: Infrastructure Reimagined project.

Washington's fast population growth is 'stress-testing' the region's infrastructure, ASCE officials say.