The House Energy and Commerce Subcommittee on Energy and Environment held a hearing Thursday on the Assistance, Quality, and Affordability Act of 2010, the first new legislation reauthorizing the Drinking Water State Revolving Fund (SRF) since the program's inception in 1996. The legislation authorizes $12.7 billion over five years for drinking water-related infrastructure - a significant increase over historical funding levels. This legislation contains similar funding and provisions to AGC and WIN Coalition-supported legislation S.1005, The Water Infrastructure Financing Act of 2009, which is currently awaiting a vote by the full Senate.
In addition to reauthorizing the drinking water state revolving fund, the legislation also provides technical and financial assistance for disadvantaged communities, favors preventative infrastructure investments, and aims to replace aging facilities, among other key features. Additional features of the legislation relevant to the construction industry include the addition of Qualification Based Selection criteria (QBS) for A/E services for certain populations and Davis Bacon prevailing wages for construction funded by the SRF.
To view additional information, including full legislative language and video of the hearing, click here.
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