A recent update issued for an infrastructure report published by advocacy group Common Good indicates that the cost of delays in rebuilding America's infrastructure jumped significantly over the last five years (2012 to 2017) – rising from about $3.7 trillion to nearly $3.9 trillion; an increase of nearly $200 billion or $40 billion per year.
That $3.9 trillion includes direct costs associated with construction delays, along with the "economic and environmental costs" of failing to upgrade what Philip Howard, Common Good's chairman, described as "America's dilapidated infrastructure."
He added that the costs for roads and bridges as well as for water infrastructure increased the most since 2012 – reflecting, in Howard's words, "another half-decade in which decay outpaced investment."
One of the group's major prescriptive for reversing those delays is to speed up the permitting process for major projects – a policy position supported by the American Association of State Highway and Transportation Officials. To that end, the Common Good proposed a "three-page legislative fix" in March of last year to amend the Fixing America's Surface Transportation or "FAST" Act with six key provisions:
Photo: Dave Forster / VDOT
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