The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the release today of the Congressional Conference Committee’s new multi-year surface transportation legislation: “The release of the committee’s final bill brings us one step closer to having the kind of long-term measure that transportation officials rely on to plan and finance needed improvements to our aging highway and transit systems. The slight boost to overall transportation funding included in this five-year measure will help cut traffic, improve transportation safety and keep our economy globally competitive. Likewise, the policy reforms that we backed and were included in the measure will help reduce the amount of time and money it takes to plan, approve and construct new transportation projects. That is why we will spend the remainder of the week making sure that this measure passes both chambers and becomes law.
Read full release here.