FAST Act Update
The Fixing America’s Surface Transportation (FAST) Act was signed into law in December 2015. The FAST Act provided long-term funding for surface transportation infrastructure planning and investment from 2016 to 2020.
According to the United States Department of Transportation Federal Highway Administration Fast Act funds were authorized to be used for:
- Highway and motor vehicle safety
- Public transportation
- Motor carrier safety
- Hazardous material safety
- Research, technology, and statistics programs
By ensuring federal support, many state and local governments were able to move forward on important transportation projects.
The FAST Act expired on September 30, 2020. With its expiration, the United States will face new challenges when it comes to the nation’s transportation infrastructure.
Before the FAST Act expired, the American Society of Civil Engineers released a preliminary report analyzing trends in the current transportation system. The research looked at trends regarding transportation infrastructure such as highways and bridges. Their findings show trends that are unsustainable and will create drastic consequences for the American people and economy. A full report is expected to be released in late 2021.
Our transportation system plays an important role in the economy of our nation. Funding is needed to maintain the current system while also allowing for expansion. Since the expiration of the FAST Act, the nation’s transportation system will suffer as lack of funding leads to failure to maintain various systems.
Infrastructure Engineering at OEI
As a veteran owned business, OEI is invested in the success of our nation’s infrastructure. The importance of roads to the economy of the nation is something we understand. Our focus on safety and sustainability gives us an advantage when analyzing structures. As a veteran owned business, we are SDVOSB certified and continue to collaborate with government organizations on many levels.
Contact us today for more information on how OEI can help you with your infrastructure needs.