
How I-4 Received Envision Platinum, What It Means for Future Infra Projects
Earlier this year, the American Society of Civil Engineers (ASCE) published a report giving the U.S. a D+ grade for infrastructure conditions and performance. The report, published every four years, gained a lot of attention, with stories about the nation’s deteriorating infrastructure constantly making headline news across the U.S. From bridges and tunnels, to transit, rail and airports, improvements are needed to ensure that the U.S. is built for the future.
Here are some staggering statistics from ASCE:
– Of the 614,387 bridges in the U.S., 9.1% (or 56,007) are deemed structurally deficient.
– One out of every five miles of America’s major highways are in poor condition and in need of extensive rehabilitation. As a result, congestion and traffic delays cost the country $160 billion in wasted time and fuel.
– 24 of the top 30 major airports may soon experience “Thanksgiving-peak traffic volume” at least one day every week.
An example of a roadway in need of major improvements and a complete overhaul is Interstate 4 (I-4) in Florida – and it is getting help via an important civil infrastructure effort in the I-4 Ultimate Improvement Project. The project is using a public-private partnership (P3) delivery method to bring in private investment to complete the project.