Funding - particularly from the federal level - has failed to keep pace with maintenance of existing assets let alone the development of new greenfield assets. The reasons behind this are wide ranging, but with every passing year it becomes clearer that existing structures are no longer suitable and the US requires a fundamental change in the way it finances, delivers and operates infrastructure at every level of government.
A range of strategies have been put forward. However, it would be foolish to believe that a nation with so many competing concerns, coupled with an increasingly labyrinthine legislative environment, could accommodate a one-size fits all solution.
A variety of different strategies - coupled with a sustained period of political inertia and in many cases education - will be required to meet the challenges the sector faces in a constrained funding environment. This report aims to examine the current state of the US market while identifying future trends and sources of capital across.
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