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ΒιΆΉ΄«Γ½ SUPPORTS USER FEE INCREASE AS NATION BEGINS TO GRAPPLE WITH GROWING INFRASTRUCTURE CRISIS

Washington, D.C.β€”ΒιΆΉ΄«Γ½ of America (ΒιΆΉ΄«Γ½) today submitted a statement of support for the National Highway System Bridge Reconstruction Initiative that includes a potential increase to the federal excise on gasoline, which continues to be the most reliable, fairest and easily administered user fee.

β€œThis targeted, nationwide bridge reconstruction program is an appropriate response to the tragic collapse of a span of the I-35 bridge in Minneapolis and to our country’s pressing needs,” said ΒιΆΉ΄«Γ½ CEO Stephen E. Sandherr.

Twelve percent, or approximately 72,000, of the nation’s bridges are classified as β€œstructurally deficient.” Bridges are just one component of the nation’s transportation network that supports our $14 trillion economy; other system needs exist and require solutions to address a variety of mobility challenges.

β€œWe face a looming infrastructure crisis in this country which involves all modes of infrastructure from surface transportation to aviation, from water infrastructure and flood control to navigation,” added Sandherr. β€œThe National Highway System Bridge Reconstruction Initiative is an important first step towards fixing the long-term neglect of our nation’s aging and deteriorating infrastructure.”

In its support for increasing investment in transportation infrastructure and a potential increase in the federal excise on gasoline, ΒιΆΉ΄«Γ½ recommends that it be indexed to account for the expected inflation in construction costs that will diminish the purchasing power of this funding increase in the future.

β€œIndexing this user fee to account for inflation will help our country avoid future catastrophes,” Sandherr noted.

ΒιΆΉ΄«Γ½ of America (ΒιΆΉ΄«Γ½) is the largest and oldest national construction trade association in the United States. ΒιΆΉ΄«Γ½ represents nearly 33,000 firms, including 7,000 of America’s leading general contractors and 11,000 specialty-contracting firms. More than 13,000 service providers and suppliers are associated with ΒιΆΉ΄«Γ½ through a nationwide network of chapters. Visit the ΒιΆΉ΄«Γ½ Web site at . ΒιΆΉ΄«Γ½ members are "Building Your Quality of Life.”

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