Economic Program | Idea Brief
Coming in on Budget: Infrastructure Contracting Reform
Do transportation projects ever come in on budget? Rarely. In fact, 9 out of 10 cost more than expected. And when one project goes over budget, it shrinks the pot of money available for improvements elsewhere. At a time when America must compete to attract business, and deferred maintenance is causing headaches in our communities, we must learn how to complete more infrastructure upgrades with fewer dollars spent.
Our new proposal sets forth commonsense changes to federal infrastructure programs that would prevent cost overruns and allow us to build more with less.
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