CARES Act

The possibility of luring a commercial airline carrier to the Tuscaloosa National Airport is getting closer. Tuscaloosa's City Council gave final approval in late June to award a $7.93 million contract to rebuild the airport's Runway 4-22. S.T.

As our member companies respond to the COVID-19 pandemic, they've told us their priority is to ensure their workers' safety and health while also obtaining access to the resources available to them to keep production going. After all, equipment manufacturers and our 2.8 million men and women are an essential part of our nation's frontline response to COVID-19.

A $3 trillion, 1,815-page COVID-19 relief measure proposed by the House of Representatives on May 12 contains $15 billion in stopgap funds for state departments of transportation – well below the nearly $50 billion the American Association of State Highway and Transportation Officials projects state DOTs will need to continue operations in the face of drastic falloffs in motor fuel tax revenues, toll road receipts, and other funding sources.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed by President Trump is a shot in the arm for parts of the U.S. construction industry. The $2 trillion funding package passed by Congress in late March designates billions of dollars for potential construction of hospitals, airports and transit systems.

Congressman Henry Cuellar (TX-28) announced that nearly $40M ($39.7M) in federal funds will be available for the San Antonio International Airport. This funding, awarded through Airport Improvement Program in the CARES Act, will be used to help the San Antonio International Airport pay for the incurred costs due to the coronavirus pandemic as well as critical safety and capacity projects to continue regardless of airport's current financial circumstances.