State Infrastructure Czars

What is happening? McKinsey Public and Social Sector Practice is recommending State Infrastructure Czars to assist in coordination of infrastructure projects.

Why is this important? Allocation of the $1.2 trillion federal infrastructure law and that adds an additional layer of complexity for state agencies as the funds are mixed from direct funds to grants and loans. “Officials will likely need to navigate a complex set of approvals and stakeholders to deliver new builds and upgrades, all while integrating innovative technologies and managing cost with strained supply chains and the new Buy America requirements,” the McKinsey authors continued.

How will this be important? To obtain different types of funding the applicant could be a state agency, a local government, or a utility. The coordination of the infrastructure czars would help obtain funding and streamline projects so that roads are torn up one day for 1 thing and another day for another.

Route Fifty | Making the Case for State Infrastructure Czars