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Infrastructure news

February 1st, 2011 / By: / Industry News

In 2010, the American Recovery and Reinvestment Act (“stimulus package”) allotted about $72 billion to repair deteriorating infrastructure—and to initiate new projects—in the U.S.

Pothole-filled roads, crumbling bridges, leaking dams, growing energy demands, and more garbage require that amount of money … and much more, according to the American Society of Civil Engineers. The ASCE estimates that the $72 billion is a small down payment on the estimated $2.2 trillion that should be spent on infrastructure projects 2011–2014.

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