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“Making The Grade†Group Calls For Six-Point Plan to Rebuild America’s Infrastructure and Revive the Country’s Competitiveness
Public Company Information:
NASDAQ:ADSK
WASHINGTON—(BUSINESS WIRE)—Today, a groundbreaking report was unveiled at the National Press Club, offering innovative strategies for the federal government, industries, and other stakeholders to collaboratively tackle the urgent issue of deteriorating U.S. infrastructure. Titled "Making The Grade," the report is the collaborative effort of experts from 45 diverse organizations, including corporations, professional associations, think tanks, financial advisors, and academic institutions. It presents a six-point plan filled with fresh ideas aimed at restoring America's infrastructure leadership and enhancing the nation's global competitiveness.
The title of the report serves as a call to action following last year's quadrennial report card issued by the American Society of Civil Engineers (ASCE), which awarded the U.S. an overall grade of D+ for its infrastructure. According to the ASCE, $3.6 trillion needs to be invested by 2020 to address critical upgrades and expansions in national infrastructure, avoiding massive losses in business sales, exports, disposable income, and GDP.
While much has been written and discussed regarding the infrastructure crisis, "Making the Grade" provides concrete recommendations and actionable solutions to address today's and tomorrow's infrastructure demands.
The report's six key recommendations include: 1) Prioritizing infrastructure at the cabinet level; 2) Establishing U.S. infrastructure regions; 3) Setting up a national infrastructure bank; 4) Issuing "opportunity" bonds; 5) Developing a national infrastructure index; and 6) Engaging the American public to foster support for infrastructure policy.
Together, these recommendations introduce modern tools, technologies, approaches, and innovative thinking to provide a new vision and pathway for planning, financing, designing, and constructing U.S. infrastructure.
To read the full report, visit: http://autode.sk/MakingTheGrade
Today's event and the release of the "Making the Grade" report mark the beginning of a broader initiative. The 45 participating organizations are committed to advancing the policy recommendations through ongoing public advocacy, industry-wide dialogues, and engagement with lawmakers in the coming months and years.
Commentary from Supporters of "Making The Grade"
- "Rebuilding America's infrastructure should be our top economic priority—it's crucial for our national competitiveness, will boost business growth, and will generate millions of much-needed middle-class jobs. We simply cannot afford to lose our global edge in infrastructure, and current trends are moving in the wrong direction. As the 'Making the Grade' report—compiled by experts—clearly highlights, there are significant economic costs tied to our infrastructure stagnation. This is a domestic emergency. Fortunately, there is strong bipartisan support for funding and financing infrastructure investment, provided it’s done in a fiscally responsible manner. My bill, the Partnership to Build America Act, aligns long-term goals from both parties: expanded infrastructure investment, tax reform, and increased public-private partnerships. I'm proud to see my legislation featured in the report, and I thank CG/LA and the other partners for raising awareness on this vital issue." — John Delaney, Congressman, 6th District (D-Maryland)
- "Rarely have I read a document where the words so perfectly align with the purpose—this is truly a blueprint for leading our country forward, creating tangible value now and for future generations—by 'regaining' and 'sustaining' public infrastructure leadership." — Norman Anderson, President and CEO, CG/LA Infrastructure
- "Our infrastructure has fallen behind global standards, posing risks to our economic vitality and even safety. We can't rely on outdated methods anymore. We need a renewed spirit of innovation and purpose to address this challenge. The 'Making The Grade' report provides the right framework, fresh ideas, and energy needed to kickstart this conversation and drive meaningful action across industries. We look forward to collaborating closely between the private and public sectors to implement our recommendations swiftly." — Terry D. Bennett, Senior Industry Strategist for Infrastructure, Autodesk
- "Not only must we improve our construction capabilities, but we also need to enhance our decision-making processes regarding infrastructure needs. The Making the Grade Report offers a forward-looking approach to achieving just that. This isn't just about us or this generation; it must also consider the needs and opportunities for future generations." — Bill Bertera, Executive Director, Institute for Sustainable Infrastructure
- "We cannot solve today's problems, let alone tomorrow's, with yesterday's mindset. It's well-documented that our critical infrastructure is failing and requires attention. By combining new project delivery models with technical and financial innovations, we have the means to address these challenges. Achieving this will require genuine collaboration among government, industry, the private sector, and the public, but investing in infrastructure will yield strong returns. This work has begun with the 'Making the Grade' report, and it must continue." — Ralph Eberts, Executive Vice President, Managing Director of Water Americas, Black & Veatch
- "The 'Making the Grade' Report reflects the forward-thinking contributions of nearly 50 companies and organizations. The six-point plan to support rebuilding America's infrastructure provides the necessary direction, showing the country how we can significantly increase investments through public and private initiatives that benefit all stakeholders." — Andres Gluski, President and CEO, AES Corporation
- "Innovation in infrastructure requires sustained effort and attention to developing capabilities within a coalition of stakeholders. U.S. infrastructure, in particular, is a 'wicked problem'—complex and open-ended—that demands a guiding framework and high levels of collaboration and originality for resolution." — John Kao, former Harvard Business School Professor and Chairman, Institute for Large Scale Innovation
- "21st-century success hinges on 21st-century infrastructure. 'Making the Grade' outlines a thoughtful, balanced, and timely program to address this critical need." — Dr. James A. Moore, SVP/Director National Community Planning & Urban Design, HDR
- "Infrastructure systems form the backbone of our economy and are integral to our daily lives. While it might be tempting to focus solely on the largest funding gaps, it's essential to recognize that all infrastructure sectors are interconnected and play significant roles. We need leadership from federal, state, and local governments to communicate the urgency of revitalizing our infrastructure, craft innovative solutions, and make the necessary investments for the U.S. to remain globally competitive. Industry efforts like the 'Making the Grade Symposium' and its accompanying report are steering us in the right direction." — Patrick Natale, P.E., F.ASCE, FASAE, CAE, Exec Director of American Society of Civil Engineers
About Autodesk:
Autodesk (NASDAQ:ADSK) empowers people to imagine, design, and create a better world. From design professionals and engineers to architects, digital artists, students, and hobbyists, Autodesk software fuels creativity and helps solve critical challenges. For more information, visit autodesk.com/BIM or follow @autodesk.
About CG/LA:
Founded in 1987 by President & CEO Norman F. Anderson, CG/LA Infrastructure aims to double global investment in strategic infrastructure projects by 2020. The company achieves this through market research and intelligence, fostering a community for visionary leaders, and providing strategic advisory services to both public and private sectors. Learn more about CG/LA at www.cg-la.com.
Autodesk and the Autodesk logo are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to modify product and service offerings, specifications, and pricing at any time without prior notice and is not responsible for typographical or graphical errors in this document. © 2014 Autodesk, Inc. All rights reserved.
Contact:
Autodesk, Inc.
Paul Sullivan, 603-289-8987
paul.sullivan@autodesk.com
or
CG/LA
Sarah Andrews, 202-776-0990
sarah.andrews@cglainc.com