President Issues Executive Order to Form Infrastructure Council
Wednesday, July 26, 2017
||President Issues Executive Order to Form Infrastructure Council
President Trump issued an executive order to create the Presidential Advisory Council on Infrastructure (Council) within the Department of Commerce to study and make recommendations concerning federal government funding, support, and delivery of infrastructure projects. Of note, the Council is charged with identifying methods to increase public-private partnerships for infrastructure projects, including any statutory or regulatory changes. The Council also will make recommendations for: prioritizing infrastructure needs; accelerating pre-construction approval processes; developing funding and financing options to generate new infrastructure investment over the next ten years; identifying best practices and improvements to procurement methods, grant procedures, and infrastructure delivery systems; and promoting advanced manufacturing and infrastructure-related technological innovation.
The Council will be comprised of experts from various infrastructure sectors, including real estate, finance, construction, communications and technology, transportation and logistics, labor, environmental policy, regional and local economic development, and other sectors the President chooses. The Council must issue a report containing its findings and recommendations, and will remain in place until December 31, 2018, unless the President extends its term or the Council issues a report prior to this date.
A non-profit, advocacy group has already filed a complaint against the Administration alleging that the Council was active prior to the executive order that authorized it and has been acting in violation of the law governing the formation of such advisory councils. Pending resolution of the complaint, SFAA will work with its industry partners so that we will be the resource for any issues that arise from the Council about surety bonds.
Members should visit Government Relations / General Info (Members) for more information.