Strategies for Sustainable Growth and Resilience
Further Upside from Approved Funding
Amount for
infrastructure
Funding
description
INFRASTRUCTURE INVESTMENT
AND JOBS ACT (IIJA)
~$1.2trn
New funding
~$550bn of new infrastructure
spending, with $350bn specific to
roads and bridges
Renewed funding
~$650bn of funding
reauthorizations for Department of
Transportation
Funding allocations to Knife River
states
-$131bn of the total IIJA amount
allocated to states where Knife River
operates
AMERICAN RESCUE PLAN ACT
(ARPA)
~$194bn
Total approved funding package
$1.9trn in COVID-19 relief funding
for states, schools and local
governments
Funding allocations to
infrastructure
$194bn allocated to U.S. states
$340mm+ of funding dedicated to
roadways and bridges
STATE-LEVEL FUNDING
11 of the 14 states where Knife River
operates have implemented new
funding mechanisms for public projects
Select examples
"
2022:
Texas Unified Transportation
Program-$85bn
Leading Idaho funding bill ·
$400mm
Move Ahead Washington - $3bn
■ 2017:
California Road Repair and
Accountability Act - $54bn
Keep Oregon Moving
transportation funding package -
$5.3bn
Status
Impact on
Knife River
Approved & Allocated
Very High
Approved & Allocated ✓
Approved & Allocated ✓
High
Very High
Source: White House, National League of Cities, American Society of Civil Engineers, U.S. Congress.
KNIFE RIVER
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