Construction Outlook January 2022

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Infrastructure Investment and Jobs Act Infrastructure Investment and Jobs Act Environmental Protection Agency Environmental Protection Agency State Revolving Fund (SRF) State Revolving Fund (SRF) Estimated 2022 Allotments to NEW ENGLAND States Estimated 2022 Allotments to NEW ENGLAND States STATE Pop. Total SRF Drinking Water Lead Service DW PFAS Clean Water CW PFAS Massachusetts 7.0M $188,890,000 $41,662,000 $ 65,609,000 $17,496,000 $60,925,000 $3,198,000 Connecticut 3.6M $ 76,907,000 $17,955,000 $ 28,275,000 $ 7,540,000 $21,983,000 $1,154,000 New Hampshire 1.4M $72,644,000 $17,955,000 $ 28,275,000 $ 7,540,000 $17,933,000 $ 941,000 Maine 1.4M $68,390,000 $17,955,000 $ 28,275,000 $ 7,540,000 $13,891,000 $ 729,000 Rhode Island 1.1M $66,451,000 $17,955,000 $ 28,275,000 $ 7,540,000 $12,049,000 $ 632,000 Vermont 643,000 $63,041,000 $17,955,000 $ 28,275,000 $ 7,540,000 $8,809,000 $ 462,000 TOTALS 15.1M $536,323,000 $131,337,000 $206,984,000 $50,196,000 $135,590,000 $7,116,000 NOTES

Notes

1. The table above summarizes the first-year(FY2022) allotment of the nearly $3.1 billion in total Federal SRF 1. This table summarizes the first-year (FY22) allotment of the nearly $3.1 billion in total Federal SRF funding funding that will be provided to New England states over the next five years through the Bipartisan that will be provided to New England states over the next five years through the Bipartisan Infrastructure Infrastructure Investment and Jobs Act. Investment and Jobs Act. 2. Under current formulas Region 1 (New England) qualifies for about 7% of EPA’s National SRF Program. 2. Under current formulas Region 1 (New England) qualifies for about 7% of EPA’s National SRF Program. 3. Program Program allotments and distribution formulas may change in future years dependent on annual data. 3. allotments and distribution formulas may change in future years depending on annual data.

SUMMARY OF EPA’s NATIONAL 5 YR ( $43.4B ) SRF PROGRAM 1. DRINKING WATER 5YR SRF = $30.7B and INCLUDES :

A. $11.7B for drinking water projects - 49% to be grants or principal forgiveness loans - State match reduced from 20% to 10% B. $15B for replacing lead service lines - 49% shall be grants or principal forgiveness loans – State match 0% C. $ 4.0B for PFAS /emerging contaminants – 100% shall be grants; State match 0% 2. CLEAN WATER 5YR SRF = $12.7B and INCLUDES: A. $11.7B for sewer/stormwater/cso projects- 49% to be grants or principal forgiveness loans State match reduced from 20% to 10% B. $ 1.0B for PFAS/emerging contaminants – 100% to be grants; State match 0%

McCourt Construction Company in Salem, MA

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“BUY FROM THE ADVERTISERS IN CONSTRUCTION OUTLOOK”

JANUARY, 2022


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