Sounding the Alarm: Collapsing Infrastructure Can't Wait
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Transcript of Sounding the Alarm: Collapsing Infrastructure Can't Wait
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Sounding the Alarm:Collapsing Infrastructure Can't Wait
by Barry B. LePatner
International Economic Forum of the AmericasToronto Forum for Global CitiesNovember 22, 2010
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Sounding the Alarm:
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Sounding the Alarm:
www.flickr.com/people/74486811@N00 Eri
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Sounding the Alarm: The Ticking Time Bomb7,980 bridges, an average of 160 per state, are in danger of collapse due to the failure of even one critical structural member.
Over 600 bridges have failed over the last 20 years.
Of the more than 600,000 bridges in the U.S., nearly one in four are either "structurally deficient" or "functionally obsolete."
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Sounding the Alarm: How Did Things Get So Bad?
We have forgotten that Gravity Wins!
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Sounding the Alarm: How Did Things Get So Bad?
We have forgotten that Gravity Wins!
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Sounding the Alarm: The ASCE Report Card
Dams – “D” Levees – “D-
Minus” Aviation – “D” Railroads – “C-
Minus” Transit – “D” Roads – “D-Minus”
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Sounding the Alarm: Seeking Solutions We face a shortfall of funding for
infrastructure maintenance of $134 billion to $194 billion per year from now thru 2035.
We will need to acknowledge the need for an infusion of new funding via: Raising the federal gas tax A new National Infrastructure Bank Expanded use of Public\Private\
Partnerships
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Sounding the Alarm: Changing the System
“We cannot keep pouring money into a fundamentally broken system…it’s not about finding the cash and building more new projects. It’s really about changing the way we do business. We need more transparency in the system. We need more accountability.”
Robert Puentes, Senior Fellow, Metropolitan Policy Program, Brookings Institution
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Sounding the Alarm: In the Face of a Public Frightened of New Debt
New $10 Billion ARC Tunnel in New Jersey – Cancelled by Gov. Chris Christie
New passenger rail project and new street car project for Ohio – Cancelled by Gov.-elect John Kasich
New rail project for Wisconsin – Cancelled by Gov.-elect Scott Walker
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Sounding the Alarm: Changing the Construction Industry
Construction cost overruns for megaprojects can and must be curtailed by:
Reforming the construction industry’s inefficiencies
Structuring all contracts as true complete-price contracts
Inserting monitors to oversee all spending to protect the taxpaying public and ensure transparency
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Tomorrow’s InfrastructureThe history of the U.S. has been shaped by major infrastructure projects.
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Tomorrow’s InfrastructureThe history of the U.S. has been shaped by major infrastructure projects.
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Tomorrow’s InfrastructureThe history of the U.S. has been shaped by major infrastructure projects.
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Tomorrow’s InfrastructureThe history of the U.S. has been shaped by major infrastructure projects.
Restoring our aging infrastructure must be seen as an imperative, not a choice.
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Leadership Needed
Prioritizing our Infrastructure Needs: Addressing our Fragile Fracture Critical
Bridges. Funding ongoing Maintenance for all
Structurally Deficient Bridges. Introducing Needed Light Rail and
Congestion-Busting Transit. Funding our Infrastructure with
Dedicated Maintenance.
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www.TooBigToFall.com
Our infrastructure
should no longer be viewed as