SPI Insights

The U.S. Federal Transit Administration recently awarded $300 million for upcoming projects designed to expand and modernize the nation’s ferry systems. Specifically, the funding will support 18 new projects in 14 states, including replacing old vessels with electric ships, upgrading the waterfront facilities and modernizing the systems with technology. Alaska’s Department of Transportation was recently […]

Just over a decade ago, a sweeping trend was very noticeable as state agencies, cities, counties, transit authorities and higher education institutions added Innovation Officers at the executive levels of organizational charts. These individuals were hired to play a strategic role – one that would incorporate new thinking into operations. The primary objective in adding […]

Rarely does Congress pass a bill that allocates $50 billion to cities and counties to support water infrastructure projects. But that happened when the Bipartisan Infrastructure Law was passed by Congress several years ago. That funding was made available because of the critical need to protect and expand water infrastructure throughout America. As of May […]

A brownfield property is an abandoned site that has been contaminated by previous industrial use. Many brownfield properties are the former sites of dry-cleaning firms, manufacturing plants or gas stations. To be used, the site must be remediated and made safe. The Environmental Protection Agency (EPA) has funded remediation projects for years and recently announced […]

The U.S. is experiencing a significant surge in population growth in certain regions, increasing the demand for enhancing or expanding basic infrastructure. Public officials in high–growth regions struggle to expand housing, water, roadways, education facilities, healthcare and public safety. Southern states, including South Carolina, Florida and Texas, increased their populations about four times faster than […]

The sustainable construction market in the U.S. was valued at $99.8 billion in 2023, and that number has continued to grow in 2024. Billions in funding are currently available in 2024 for these types of projects, and more could be allocated soon because Congress is focused on maintaining public assets. Sustainable building practices provide a […]

Public officials at the local government level are initiating large, innovative, and forward-thinking projects aimed at enhancing economic prosperity in various regions of the country over the next few decades. Many of the projects are funded by federal programs, with billions yet to be allocated before the end of 2026 unless the programs are reauthorized—which […]

School district construction throughout the U.S. is rampant currently, and it promises to be the same in 2025. That’s probably because a report from the U.S. Government Accountability Office noted that 54% of all schools in America were in dire need of updates or complete building replacements as long ago as 2020. In fact, the […]

At a time when project needs are so great throughout America, it is hard to understand why some cities and states have not endorsed public-private partnerships (P3s). Billions of funding support is available for critically needed efforts, but many of the federal funding programs require some percentage of private sector investment, so the projects become […]