Knowledge Corner

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No matter if you are an Owner, an Agency, or a General Contractor, it’s important that your construction team understands the projects’ diverse business (DB) goals and the good faith obligations if they aren’t met.

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We’ve all heard of the Infrastructure Investment and Jobs Act (IIJA) that provides $1.2 trillion in Federal funds for transportation infrastructure, resiliency, and environmental improvements. These monies started to subsidize projects last year, and a 16% increase for civil construction is expected this year.

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There are two ways to fulfill diversity goals:

1. Achieve the goal
2. Document & track the efforts taken in case the goal is not fulfilled