Despite a few small pro-P3 provisions, the Bipartisan Infrastructure Law will not lead to the kind of highway investment this country needs. In fact, despite adding $110 billion in new federal money per year for five years (for all kinds of infrastructure), the BIL could well end up making things worse for needed P3 highway projects. It is likely to drive up costs significantly while seriously restricting needed capacity expansions in fast-growing states.
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