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Infrastructure projects and the need for environmental insurance

Now is the time to start planning for the forthcoming influx in federal infrastructure improvement funds.

By John J. Heft | March 03, 2022 at 06:00 AM
The infrastructure improvement plan supported by President Joe Biden and approved by the U.S. Senate earmarks $1.2 trillion to be spent over eight years on roads, bridges, rails, waterways and other major public infrastructure projects. (Photo: ALM Media archives) The infrastructure improvement plan supported by President Joe Biden and approved by the U.S. Senate earmarks $1.2 trillion to be spent over eight years on roads, bridges, rails, waterways and other major public infrastructure projects. (Photo: ALM archives)

The good news is infrastructure in the U.S. has improved over the past several years. The bad news is that it still isn’t very good.

The 2021 Report Card for America’s Infrastructure recently released by the American Society of Civil Engineers (ASCE) found the nation’s infrastructure averaged a “C-,” which was the country’s highest grade in the past 20 years. This is an upgrade from the “D+” the ASCE reported in 2017, according to the Council on Foreign Relations.

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