Executive Overview
The biggest announced investment in the infrastructure sector in 2022 was undoubtedly the Infrastructure Investment and Jobs Act (IIJA). While the act will certainly have a massive impact on this sector of construction, it will not be the centerpiece of this report. This is because the significant increase in dollars heading to the infrastructure sector will only heighten existing challenges already present in the industry, including labor shortages, materials shortages and price increases, endemic poor quality and safety, and a growing recognition of the industry's role in contributing to the world's sustainability challenges. This report seeks to highlight developments over the past year in the technology that will permit builders use construction dollars more efficiently. With $1.2 Trillion dollars earmarked for deployment in the new bail, combined with the challenges of an aging trade…