A recent BPC expert panel discussion focussed on efforts and future opportunities to modernize, streamline, and accelerate environmental review and permitting of US infrastructure projects .
From the panelists perspectives, there’s a number of steps that can be taken to facilitate more investment in infrastructure crucial to keeping the American economy competitive and growing.
Delays in the environmental review and permitting process—which can increase costs and uncertainty—are a fundamental barrier to private investment in and speedy delivery of needed infrastructure projects.
However other issues were also raised. One comment of key relevance:
"....Along with the overlooked opportunity costs of a delayed or lengthy permitting and review process, there is also a lack of data on when and how projects are delayed and other fundamental benchmarking and performance measures, according to Deron Lovaas, senior policy advisor at the National Resource Defense Council.
Was it completed on time? Was it on budget? Did the project produce the expected benefits? These simple questions are often impossible to answer. While environmental review and permitting may be part of the problem, the clear dearth of data on the issue and failure to incorporate results-based accountability into infrastructure investments make it difficult to know what solutions will work."
Transparency; relevant standardized comparable project data (project financial; , projections; construction and operating data) and benchmarks are fundamental to encouraging more and effective private investment in public infrastructure.
infraccess.net will provide that data, workflow tools and benchmarks.
infraccess - smart data for infrastructure