PUBLISHER: Bluefield Research | PRODUCT CODE: 1424564
PUBLISHER: Bluefield Research | PRODUCT CODE: 1424564
Infrastructure Investment & Jobs Act (IIJA): Tracking the Spending, Q1 2024
On 15 November 2021 , the US$1.2 trillion Infrastructure Investment and Jobs Act was passed, ushering in substantial federal funding to bolster the nation's infrastructure. The funding package comprises up to US$63 billion for Water Infrastructure and Western Water Infrastructure appropriations.
As we approach the midway point of the 2022-2026 appropriations timeline, Bluefield's team of water experts has evaluated the progress of project funding across 10 discrete programs and subprograms administered by the U.S. Environmental Protection Agency and the U.S. Bureau of Reclamation. The evaluation was conducted at the request of clients who expressed concerns about the slow pace at which funds are being disbursed to states and utilities.
This Insight Report and accompanying data dashboard present a bottom-up analysis of the funds and their movements, from appropriation to financial outlays to end users.
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Table of Contents
Section 1 - Methodology and Scope
- Scope of Analysis: Select IIJA-Funded Programs
- Utility-Level Projects Funded by IIJA
Section 2 - State Revolving Fund Program
- Influence of IIJA Funding on SRF Program Capacity
- Breaking Down the Funding by Program
- Status of EPA Obligations to States for IIJA FY 2022 & 2023 SRF Appropriations
- Tracking the Flow of SRF Funding
- Geographic Distribution of Outlaid Dollars
- Status of SRF Subawards
- IIJA SRF Award Timeline Going Forward
- State Revolving Funds: Traditional vs. IIJA Requirements
Section 3 - Other Program Updates
- Funding Status of Select Non-SRF Programs
- Distribution of BOR Program Dollars
