Infrastructure
Asphalt Paving Cost Per Square Foot 2026
Asphalt paving costs $2-6/SF residential driveway, $2.50-4.50/SF commercial lot. 2026 cost breakdown, overlay vs full-depth, oil price sensitivity, regional pricing.
Danny Reeves · 2026-07-09
InfrastructureAirport Runway Construction Cost: $12 Million Per Mile in 2026
Commercial airport runway costs $12M+ per mile. Concrete specs, drainage, lighting, and FAA reqs explained. Cost breakdown for contractors and airports.
InfrastructureCulvert Replacement Costs: The $18 Billion Rural Backlog
$18B culvert backlog across rural US. Single replacement runs $15K–$120K. Material, permitting, and financing barriers explained for contractors.
InfrastructureSubstation Construction Costs Surge as Grid Demand Hits Record
Distribution substations cost $10M–$30M; transmission units $50M–$200M+. Power transformer lead times now stretch 2–4 years due to data-center demand surge.
Key Metrics
IIJA disbursed
$284B
Infrastructure Investment and Jobs Act cumulative disbursements. $550B authorized over 5 years.
Deficient bridges
42,966
Bridges rated structurally deficient by FHWA. IIJA targeting 15,000 bridge repairs.
Highway spending
$58.3B
Water infra gap
$434B