TRG | The Bottom Line – 2/4

On November 15th, President Biden’s Infrastructure Investment and Jobs Act (IIJA) was signed into law, providing $550B ($110B for roads & bridges) in new spending. Now what? When will the dollars hit the road? How are state DOTs planning today for the future flow of dollars? Does IIJA create winners and losers in funding allocations to DOTs? President Biden’s IIJA provides both a strong 5-year horizon and an additional $110B in road and bridge funding and another $25B for airport work – high margin business for many of our covered companies. Texas DOT is joining TRG’s 2022 C&I Conference to shed light on what really to expect in terms of planning and spend on a go forward basis. Save-the-Date: April 7 & 8 (Thursday & Friday).