On November 15, 2021 the Infrastructure Investment and Jobs Act (IIJA) was signed into law, providing for a spending package of $1.2 trillion.
Acuity Brands provides a portfolio of sustainable, inspiring, and intelligent lighting solutions that allow you to enhance spaces and improve energy efficiency, all while reducing the impact on the environment. We are pleased to provide a resource for your frequently asked questions regarding IIJA.
What is the Infrastructure Investment and Jobs Act?
The Infrastructure Investment and Jobs Act (“IIJA”), also known as the “bipartisan infrastructure bill” or “BIF” was signed into law by President Biden on November 15, 2021. The legislation includes a total of $1.2 Trillion in spending, including $550 Billion in new spending on transportation infrastructure, water infrastructure, resilience, broadband access, and electric vehicle charging stations. Specific sections also focus on reducing the carbon footprint of public infrastructure.
Does the Infrastructure Investment and Jobs Act include provisions for “Buy America(n)”?
Which projects or upgrades are targeted by the Infrastructure Investment and Jobs Act?
The Infrastructure Investment and Jobs Act focuses on public infrastructure and government facilities. Highlights include:
What is the opportunity for public schools?
Under section 40541, $500 million in grants have been authorized for school energy efficiency and renewable energy improvements. These funds will be available on a competitive basis from the Department of Energy, based on applications submitted by eligible entities, which are defined as a consortium of:
How will the Department of Energy prioritize applications for public schools’ energy efficiency and renewable energy improvement grants?
Applications will be prioritized and competitively evaluated based on a number of factors, including:
The competitive criteria will include:
When will funding be available?
How will the funds be allocated and distributed?