flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Final NEPA rule will make it easier to rebuild infrastructure, reinvigorate the economy, and continue protecting the environment

Market Data

Final NEPA rule will make it easier to rebuild infrastructure, reinvigorate the economy, and continue protecting the environment

Administration’s final reforms to the federal environmental review process fix problems with prior process, maintain environmental rigor, and accelerate needed infrastructure improvements.


By AGC | July 16, 2020

Courtesy Pixabay

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the release today of the Administration’s final rule reforming the National Environmental Policy Act Permitting Process:

“This updated review process will make it easier to rebuild aging infrastructure, attract private investment, support efforts to reinvigorate our economy and continue to provide strict protections for the environment. Given the broad, bipartisan support for improving infrastructure, these common-sense reforms should be widely embraced and supported.

“Significantly, under the final rule, projects still undergo an environmental review with public input. The key difference is that those reviews will last months, instead of years and it will become slightly harder for special interests to delay the process with unmerited lawsuits. Notably, the substantive environmental laws and requirements that come into play on every construction project remain unchanged.

“At a time when both political parties understand the best way to support the economy is by investing in infrastructure, this new rule will help ensure that civil works funding and public-private partnerships help create needed jobs and deliver results, instead of being mired in red tape and squandered on endless legal squabbles.”

Related Stories

Market Data | Jun 3, 2019

Nonresidential construction spending up 6.4% year over year in April

Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.

Market Data | Jun 3, 2019

4.1% annual growth in office asking rents above five-year compound annual growth rate

Market has experienced no change in office vacancy rates in three quarters.

Market Data | May 30, 2019

Construction employment increases in 250 out of 358 metros from April 2018 to April 2019

Demand for work is outpacing the supply of workers.

Market Data | May 24, 2019

Construction contractors confidence remains high in March

More than 70% of contractors expect to increase staffing levels over the next six months.

Market Data | May 22, 2019

Slight rebound for architecture billings in April

AIA’s ABI score for April showed a small increase in design services at 50.5 in April.

Market Data | May 9, 2019

The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength

Projects currently under construction stand at 1,709 projects/227,924 rooms.

Market Data | May 9, 2019

Construction input prices continue to rise

Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.

Market Data | May 7, 2019

Construction costs in major metros continued to climb last year

Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.

Market Data | Apr 29, 2019

U.S. economic growth crosses 3% threshold to begin the year

Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.

Market Data | Apr 18, 2019

ABC report: 'Confidence seems to be making a comeback in America'

The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021