IIJA Year One: Funds Flow but Regulations Face Criticism
IIJA Year One: Funds Flow but Regulations Face Criticism
Abstract
In 12 months, federal agencies have announced the distribution or award of more than $185 billion in IIJA funds for over 6,900 individual projects. The 2.2-year-old IIJA law seeks to increase use of "iron, steel, manufactured products and construction materials in federally funded projects in federal projects. The IIJA was enacted on Nov. 15, 2021. FHWA has moved particularly quickly in distributing $120 billion.
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