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Lawrence M. Prosen and Adam R. Poliner discuss OMB's final guidance to promote American made materials in federally funded projects.
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The passage of the Infrastructure Investment and Jobs Act (IIJA) marked the beginning of an anticipated dramatic uptick in projects involving transportation networks, broadband access, and public works. The IIJA made available $1.2 trillion in funding for infrastructure programs, including $550 billion in new federal spending. While there is plenty of funding to be had, getting it won’t necessarily be easy. Most IIJA funding will flow from the federal government to states and localities, which will decide where the money goes and will oversee execution of the funded projects.
To help clients make the most of these new opportunities, while avoiding potential landmines, Cozen O’Connor has assembled an interdisciplinary team of attorneys with vast experience in Government Contracts, Utility & Energy, Construction, Public & Project Finance, and Transportation & Trade, combined with lobbying professionals from Cozen O’Connor Public Strategies. Our team has followed the IIJA from its inception and is continuing to monitor the status of the Build Back Better bill. We stand ready to help clients identify, analyze, and optimize the full spectrum of infrastructure opportunities on the horizon.