The U.S. House of Representatives passed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (Infrastructure Act, or IIJA) on Friday, Nov. 5. The Infrastructure Act, which represents the largest investment in the country’s infrastructure in decades, is expected to become law on Monday, Nov. 15, after being signed by President Biden.
The Infrastructure Act’s monumental five-year federal funding package will help state and local governments grow and sustain their economies, create jobs, enhance community resiliency and aim to improve America’s infrastructure grade and global ranking.
View the fact sheet of your state’s/territory’s specific funding allocations here on the White House’s website.
Baker Tilly can help
At Baker Tilly, we have decades of experience helping state and local governments lay the financial groundwork for infrastructure and other community projects of all kinds.
Chart your community’s path to economic recovery with COMPASS
Baker Tilly’s comprehensive federal funding assessment, COMPASS, is an interactive advisory delivery model that takes into account your community’s specific priorities, then designs a tailored investment and funding strategy to accomplish its recovery and growth objectives. Our collaborative step-by-step process meets each community where you are today by assessing your current status and future goals to provide recommended actions to leverage federal funding programs, including American Rescue Plan (ARP) and IIJA, as well as state-specific programs for which each community is eligible.
The end result is a meaningful, understandable financial plan to help your community maneuver through federal, state and local funding initiatives during this unprecedented time.
Count on our government specialists
Our team of more than 400 public sector Value Architects™ across 17 states is actively working with communities to help develop an effective spending strategy and prepare to procure and comply with Infrastructure Act funding. Lean on us to:
Connect with us to learn more.