flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Final NEPA rule will make it easier to rebuild infrastructure, reinvigorate the economy, and continue protecting the environment

Market Data

Final NEPA rule will make it easier to rebuild infrastructure, reinvigorate the economy, and continue protecting the environment

Administration’s final reforms to the federal environmental review process fix problems with prior process, maintain environmental rigor, and accelerate needed infrastructure improvements.


By AGC | July 16, 2020

Courtesy Pixabay

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the release today of the Administration’s final rule reforming the National Environmental Policy Act Permitting Process:

“This updated review process will make it easier to rebuild aging infrastructure, attract private investment, support efforts to reinvigorate our economy and continue to provide strict protections for the environment. Given the broad, bipartisan support for improving infrastructure, these common-sense reforms should be widely embraced and supported.

“Significantly, under the final rule, projects still undergo an environmental review with public input. The key difference is that those reviews will last months, instead of years and it will become slightly harder for special interests to delay the process with unmerited lawsuits. Notably, the substantive environmental laws and requirements that come into play on every construction project remain unchanged.

“At a time when both political parties understand the best way to support the economy is by investing in infrastructure, this new rule will help ensure that civil works funding and public-private partnerships help create needed jobs and deliver results, instead of being mired in red tape and squandered on endless legal squabbles.”

Related Stories

Market Data | Jul 21, 2022

Despite deteriorating economic conditions, nonresidential construction spending projected to increase through 2023

Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIA). 

Building Team | Jul 18, 2022

Understanding the growing design-build market

FMI’s new analysis of the design-build market forecast for the next fives years shows that this delivery method will continue to grow, despite challenges from the COVID-19 pandemic.

Market Data | Jul 1, 2022

Nonresidential construction spending slightly dips in May, says ABC

National nonresidential construction spending was down by 0.6% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Market Data | Jun 30, 2022

Yardi Matrix releases new national rent growth forecast

Rents in most American cities continue to rise slightly each month, but are not duplicating the rapid escalation rates exhibited in 2021.

Market Data | Jun 22, 2022

Architecture Billings Index slows but remains strong

Architecture firms reported increasing demand for design services in May, according to a new report today from The American Institute of Architects (AIA).

Building Team | Jun 17, 2022

Data analytics in design and construction: from confusion to clarity and the data-driven future

Data helps virtual design and construction (VDC) teams predict project risks and navigate change, which is especially vital in today’s fluctuating construction environment.

Market Data | Jun 15, 2022

ABC’s construction backlog rises in May; contractor confidence falters

Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.

Market Data | May 18, 2022

Architecture Billings Index moderates slightly, remains strong

For the fifteenth consecutive month architecture firms reported increasing demand for design services in April, according to a new report today from The American Institute of Architects (AIA).

Market Data | May 12, 2022

Monthly construction input prices increase in April

Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.

Market Data | May 10, 2022

Hybrid work could result in 20% less demand for office space

Global office demand could drop by between 10% and 20% as companies continue to develop policies around hybrid work arrangements, a Barclays analyst recently stated on CNBC.

boombox1
boombox2
native1

More In Category




Giants 400

Top 100 Architecture Engineering Firms for 2024

Stantec, HDR, Page, HOK, and Arcadis North America top Building Design+Construction's ranking of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in BD+C's 2024 Giants 400 Report.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021