Envision™ as a Solution to Standards and Capacity Challenges

摘要

The need for investment in infrastructure and public buildings continues to grow with no end in sight. Deferred maintenance and expanding service demands are compounding the funding challenge. The days of federal ear marks have ended and formula grants are being replaced by highly competitive merit based programs. In the mean time, private sector Impact Investors are eager to deploy pension fund, family office, socially responsible, and ESG sourced capital into infrastructure and public building projects. There is enormous potential to more than offset public funding shortfalls with impact capital but, barriers to entry exist. Project sponsors will need to convince merit based funding programs and private sector investors of the value associated with their initiatives. In the new normal, where public or private capital is concerned, infrastructure delivery professionals will need to learn to compete. Competition will be driven metrics, assessment standards, and access to capacity. It is going to be complicated for a while as the lack of formal standards, adequately trained and equipped evaluation capacity presents a major challenge to the removal of funding barriers. This paper describes how EnvisionTM (Envision) can serve as a solution to the standards, training, and capacity challenges to project funding while creating a competitive advantage for Envision Professionals, their project sponsors, and stakeholders as they search and compete for funding to implement their sustainable infrastructure programs.