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For years, onerous permitting processes and regulations have stood in the way of infrastructure improvements American communities depend on. Unfortunately, permitting delays and regulatory uncertainty at the federal, state and local levels have created a backlog of infrastructure projects and locked up billions of dollars of potential investment.
Improving the federal permitting process will help unlock investment and speed project development. The United States should strive for balanced regulatory policies that protect the public interest, promote private investment and increase predictability. This can be done by making sure government agencies work together to quickly determine whether a proposed project meets environmental, safety and other standards. Project approvals should not take years when upgrades are needed today.
The Administration has taken actions to expedite review and permitting for major U.S. infrastructure projects that will help increase American competitiveness and economic growth. But there is more to be done.
Bechtel: "The time to act is now. This problem gets harder to solve and more expensive to solve with every day that goes by."
More can be done to expedite the review and permitting process and to accelerate infrastructure development. Inaction is not an option. Congress should proceed with a sense of urgency during this legislative session to advance our national economy and improve the standard of living for all Americans through modern infrastructure.
As business leaders who represent every sector of the economy and rely on the nation’s infrastructure to compete globally, Business Roundtable members are committed to modernizing the system to generate jobs and spur investment.

Recap of Business Roundtable's Infrastructure Week 2017 event "The Cost of Inaction: A Conversation on U.S. Infrastructure"
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Business Roundtable's Infrastructure committee members on the importance of investing in infrastructure.

Business Roundtable's statement on the Trump Administration's action to expedite infrastructure.

Mike Burke, Chairman and CEO of AECOM and Chair of Business Roundtable Infrastructure Committee on draft infrastructure legislation.