Federal Role In Meeting Infrastructure Needs

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ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (227 download)

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Download or read book U.S. INFRASTRUCTURE: Agencies Approaches to Developing Investment Estimates Vary written by and published by . This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government has spent an average of $149 billion (in constant 1998 dollars) annually since the late 1980s on the nation s infrastructure. A sound public infrastructure plays a vital role in encouraging a more productive and competitive national economy and meeting public demands for safety, health, and improved quality of life. For example, transportation systems directly support the nation's economy by facilitating the movement and manufacture of goods. Public office buildings, courthouses, and other facilities support noneconomic goals and allow federal agencies to carry out their missions. At least a portion of federal financed infrastructure has benefits that accrue primarily to the states and local communities rather than the nation as a whole. In addition, state and local governments and the private sector play important roles in developing, operating, and financing significant portions of infrastructure. The federal government plays a prominent role in identifying the nation s infrastructure investment needs. Little, however, is known about the comparability and reasonableness of individual agencies estimates for infrastructure needs. In fact, even the concept of infrastructure need is difficult to define and to distinguish from wish lists of capital projects. This report responds to your request for information on infrastructure investment or needs estimates compiled by six federal agencies the U.S. Army Corps of Engineers, Environmental Protection Agency (EPA), Federal Aviation Administration (FAA), Federal Highway Administration (FHWA), Federal Transit Administration (FTA), and General Services.