What President-elect Trump’s $1 trillion infrastructure plan means for red and blue states
[Commentary] Details of President-elect Trump’s plan are murky, but at an estimated $1 trillion over 10 years is twice as long and nearly four times as big as the five-year, $275 billion effort championed by the Hillary Clinton campaign. Analysis from Onvia’s State & Local Procurement Snapshot for Q3 2016 suggests that the possible trickle-down effects of increased investment in the nation’s aging infrastructure would naturally have a positive impact on state and local government investments.
For municipalities with “shovel-ready” infrastructure projects, the thought of increased Federal funding for infrastructure projects is an exciting one. Studying project specifications, scopes of work and bid documents to benchmark proposals and pricing from other agencies who have already issued similar solicitations is a time-saving tactic that can help expedite getting the contracts out the door for public bidding.
[Ben Vaught is the Director of Onvia Exchange]
What President-elect Trump’s $1 trillion infrastructure plan means for red and blue states