Are organisations in America prepared for the growth of new infrastructure?
In his State of the Union address earlier this year, President Trump called for “both parties… to unite for a great rebuilding of America’s crumbling infrastructure.” He described it as “not an option. This is a necessity,” for the future of the country, and pledged to “build the next generation of roads, bridges, railways, tunnels, sea ports and airports that our country deserves”.
Gaining momentum in the months at the start of the year, Trump’s Infrastructure Plan had bipartisan approval. In fact, by April, Senate Minority Leader Chuck Schumer said the two sides had agreed to craft a $2 trillion infrastructure package to fix roads, expand broadband access to rural communities, and more. The broad concept has been to facilitate a US $200-billion program that aims to incentivise a larger US$1.5-trillion investment.
Are you prepared?
Since April there has been some debate in more recent months about the obstacles for turning this plan into reality. However, the intent and conversation raises some interesting questions for planners, project managers and construction organisations about the opportunities ahead, and whether or not they have the right support to make the most of them.
A plan that has the unusual benefit of having both Republican and Democratic approval, as well as clear economic benefits for many an organisation as well as individuals, there is every likelihood that it will come to at least a level of fruition. So are organisations prepared, particularly for the inevitable challenges that can also come with large scale construction projects?
Helping you to get it right
At Tungsten Capital our business centres on an almost unrivalled expertise in construction claims. Our knowledge of resolving claims when they arise has also lead us to have a unique skill in helping organisations to prepare for projects and to project manage in a way that helps to prevent claims from arising at all. When they do arise, our early and preventative involvement means that they are almost always resolved quickly and easily, keeping relationships intact and projects on time and on budget.
Previously, our offices in the USA have focused on the complementary skill of cost estimating. Now, we are making our core skill the primary focus of our presence in North America to reflect the work we do at locations around the world. So, as our own growth in North America takes shape, we look forward to supporting businesses and organisations wherever we can, at the dawn of America’s own redevelopment.