Reinvesting in America
McKinsey has mobilized across its practices to develop a robust understanding of Bipartisan Infrastructure Law (BIL) funds, the related fact base, and deep expertise specific to asset classes (for example, broadband, climate, electric-vehicle infrastructure, environment, infrastructure, sustainability, and transportation). It has secured valuable private partnerships to support state and local leaders as they work to capture the potentially significant impact presented by the BIL. With a detailed view of programs, funding flows, and deadlines across the $550 billion of new-program spending included in the BIL, McKinsey equips clients to organize quickly to determine their prioritized investments.
Given the crosscutting nature of grant application strategy and execution, McKinsey’s team for reinvesting in America has developed perspectives to assist state infrastructure coordinators in creating and implementing state level central-delivery teams. Such teams can support grant application excellence, initiative design and acceleration, and performance tracking across state agencies to ensure that states are capturing their fair share of BIL funding and deploying those funds in an efficient, transparent, and impact-oriented manner.