United States Department of Transportation
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Abstract:Given the profound economic and social importance of the public
infrastructure, it is crucial that federal, state, and local governments make prudent decisions on how to invest limited available resources. In making these decisions, governments will need to address an array of challenges that include repairing and maintaining aging infrastructure, making more efficient use of existing infrastructure, accounting for population growth, and incorporating new technologies in funding for infrastructure. Governments also face constraints on their resources in the form of competing demands to pay for their daily operations, basic public services, and entitlements. In this environment, the infrastructure improvements that all levels of government want may not reflect what they truly need and what the nation can afford. Accordingly, the decisions about the appropriate level of spending on infrastructure-the balance between building new projects and maintaining old ones and determining which projects to fund-are difficult to make but of enormous importance. To address such concerns about the government?s investment in infrastructure, this report describes (1) trends in the government?s investment in infrastructure, (2) how federal agencies can improve their decision-making for the acquisition and management of infrastructure, and (3) the challenges to an effective investment in infrastructure at the federal level. In this report, we define ?infrastructure? broadly to include facilities, structures, and land for public use and for other purposes, such as national defense.
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