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AGC-Backed Airport Infrastructure Incentive Payments Bill Introduced in Senate

On June 15, Senators Ted Cruz (R-Texas), Todd Young (R-Ind.), and Kyrsten Sinema (D-Ariz.) introduced the Expedited Delivery of Airport Infrastructure Act, legislation that would ensure Airport Improvement Program (AIP) funds can be used to provide incentive payments to contractors for early completion of eligible projects. Rather than the owner agency establishing unrealistic completion dates, which could discourage some contractors from bidding on those projects, incentive payments allow contractors to determine how best to earn the incentive. This AGC-supported measure passed the House Transportation and Infrastructure Committee in February. AGC will continue to support this measure as it moves forward in the legislative process.

For more information, contact Cory Gattie at cory.gattie@agc.org.

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