Infrastructure, engineering and construction firms are beginning to see the effects of the 2021 infrastructure law. “We have already started to see some infrastructure bill funding,” said Carey Smith, chairwoman, president and CEO of Parsons Corp., speaking on the engineering company’s Feb. 15 earnings conference call. “We’ve assumed that we’re going to see a ramp-up as we approach the end of ’23 and going into ‘24, with a likely peak around the ’26 time frame.”

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