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- There are a number of, I think,

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challenges and opportunities
on the minds of

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public sector transportation

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agencies and officials today.

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One is the sort of continued issues

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that they've seen over
the last several decades.

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Everything from procurements,

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with speeding procurement
up, to project delivery.

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Making sure that projects
are both, you know,

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on time and on budget, thinking
about new financing models.

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Certainly there's a lot of federal dollars

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that are flowing into our
transportation infrastructure,

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but thinking about new ways to continue

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to find those dollars to invest them.

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Obviously the continued asset maintenance,

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you know, we have lots of old things

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in infrastructure and transportation.

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You know, one in 12 bridges

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in the United States, for example,

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is structurally deficient.

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And there's probably a different category

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which I wouldn't say are new problems,

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but are ones that are finally

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getting attention in our industry.

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One is equity.

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Transportation in many respects

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should have been, in my opinion,

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an opportunity to really
bring people together,

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to enable folks to get to
school, to get to work.

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And in many communities
in the United States

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transportation has
actually been a divider,

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whether a physical divider,

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a highway if you will,

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to not providing good
public transportation

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to certain communities.

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The second one is climate.

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And again, not a new issue

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but I think one where, you know,

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particularly the US
Department of Transportation,

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the White House, the
Congress is demanding,

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rightfully so, that the
industry attack climate change.

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You know, in United States, transportation

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as a sector emits the most
greenhouse gas emissions.

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And so we have a part to play

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as an industry to reduce
that, to improve that,

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to help folks, whether it's moving

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to electric vehicles, to
better public transit options,

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and again, as I mentioned,

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connecting the communities
that have been left behind.

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The implications for the private players

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in the industry I think are a few.

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The private sector is in a position

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to be able to help the public sector

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address some of these challenges.

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And so, for example,
bringing a skilled workforce

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to the challenges that we just discussed.

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Another is thinking
about the supply chain.

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And so with all these
infrastructure dollars

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that are going to be flowing
into states for projects

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you can obviously anticipate already

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that there might be
some supply chain issues

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relative to workforce, as mentioned,

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or even into materials.

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Equity, as we mentioned, is another.

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And it's not only about, I
think, advising the public sector

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about how to deliver infrastructure

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and transportation policy
in a more equitable manner.

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But I think it's they themselves,

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those private sector companies
to embrace equity themselves.

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So whether it's, you know,

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adopting ESG policies on their own,

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ensuring that they're partnering

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with minority- and women-owned businesses

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and disadvantaged business enterprises

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in a real meaningful way,

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or even ensuring that
their workforce is diverse.

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These are the issues that are on the minds

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of our public sector executives.

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And, you know, we're
fortunate at BCG to be able

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to help them think
through these challenges

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and come up with both some new solutions

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and new opportunities.

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