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Infrastructure projects should include more minority- and women-owned contractors

April 16, 2018 By Andrew Smith

The need to rebuild, repair, operate and maintain our country’s infrastructure is, and always will be, an ongoing endeavor. The problem is that minorities, women, veterans and other groups are seldom the contractors or high-wage earners on infrastructure projects.

Historically, the primary funding source for the U.S. Dept. of Transportation and its infrastructure projects is an 18.4¢-per-gallon gasoline tax and a 24.4¢-per-gallon tax on diesel fuel that millions of consumers pay at the pump. These taxes account for nearly $200 billion annually. In addition to the federal tax, states collect gasoline taxes that often are much higher, with some state rates adding as much as 57¢ per gallon to a fuel purchase. Couple these taxes with airport fees, tolls and so on, and we see that much of America’s infrastructure is supported by consumers—people who should have the right to participate in rebuilding it. The inclusion of all Americans must be a top priority for local, state and federal representatives and the companies awarded these contracts.

As financial models for these projects become more creative, including the wider use of public-private partnerships (P3s), we need to ensure that funds are being used for their intended purpose—to rebuild infrastructure—and that all Americans benefit from this funding.

Keep reading this article at: https://www.enr.com/articles/44181-infrastructure-projects-should-include-more-minority–and-women-owned-contractors

Filed Under: Contracting Tips Tagged With: airport, DBE, highway, infrastructure, P3s, public-private partnerships, small disadvantaged business, transit, USDOT, veteran owned business, woman owned business

Report: Private sector key to nation’s infrastructure, but hurdles remain

May 26, 2016 By Andrew Smith

Amid congressional gridlock, business leaders and transportation officials are turning to the private sector to help fix the nation’s crumbling infrastructure.

But a new report from the Bipartisan Policy Center says the effort is going to require an investment model that encourages more transparency and less regulatory hurdles.

The Bipartisan Policy Center’s executive council on infrastructure unveiled a set of recommendations last week outlining how the country can fill an estimated $1.4 trillion infrastructure shortfall between now and 2025.

Bipartisan Policy Center 05.2016

Lawmakers have repeatedly struggled to come up with a long-term funding solution for the country’s infrastructure, despite a growing number of congested roads and deficient bridges. The federal gasoline tax, which finances the Highway Trust Fund, has not been raised in over two decades.

Keep reading this article at: http://thehill.com/policy/transportation/280070-report-private-sector-key-to-nations-infrastructure-but-hurdles-remain

Filed Under: Contracting News Tagged With: Bipartisan Policy Center, federal gas tax, Highway Trust Fund, infrastructure, P3s, private sector, public sector, public-private partnerships, state & local government, transportation

An entrepreneur’s guide to the future

May 3, 2016 By Andrew Smith

PartnershipsInstead of reading this column, you really should be reading Steve Case’s new book, The Third Wave: An Entrepreneur’s Vision of the Future (Simon and Schuster, 2016). Seriously. It’s not only a fascinating view of his experience at the dawn of the Internet age, it’s also a blueprint for how organizations must form partnerships with governments and others if they’re going to succeed in this age of technological innovation.

But since you’re here, I’ll try to make this synopsis worth your while. The wave of which Case writes is one in which the “Internet of Everything” is giving rise to ideas and companies that have the potential to totally disrupt the way we do things. He describes it as “a phase where the Internet will be fully integrated into every part of our lives—how we learn, how we heal, how we manage our finances, how we get around, how we work, even what we eat.”

Case calls it the Internet of Everything instead of the Internet of Things, because the Internet is impacting nearly every aspect of our lives. And it can do so much more. Real time tracking of vital signs, fitness and nutrition has the potential to transform health care and our relationships with our medical care providers. Monitoring student achievement more closely can help us tailor teaching to each student’s needs. And the agriculture industry, already a voracious consumer of data, is on the precipice producing food and ensuring safety in new ways.

Keep reading this article at: http://www.govexec.com/excellence/promising-practices/2016/04/entrepreneurs-guide-future/127899/

Filed Under: Contracting Tips Tagged With: government regulation, industry, partnership, public-private partnerships

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