Equity In Infrastructure Project Eip

The Equity in Infrastructure Project (EIP) exists to improve public contracting practices by creating more opportunities for Historically Underutilized Businesses (HUBs) to build generational wealth and reduce the racial wealth gap by creating more prime, joint venture and equity contracting opportunities for these firms. Through our Pledge, EIP works to secure commitments from public agencies to increase the number, size and scope of contracts going to HUBs by facilitating access and reducing barriers to compete for business. EIP was founded by Denver International Airport CEO Phillip A. Washington, former US Deputy Secretary of Transportation John D. Porcari and others in anticipation of the $1.2 trillion Infrastructure Investment and Jobs Act and to answer President Biden’s call to leverage infrastructure spending to build wealth in underserved communities. EIP receives generous support from Social and Environmental Entrepreneurs, Social Impact Fund, HNTB and The James Irvine Foundation. Initially, five First Mover agencies joined to help shape the pledge, identify initial projects of interest and prove the concept. They are-Chicago Transit Authority – Dorval R. Carter, Jr, President -Denver International Airport – Phillip A. Washington, CEO -Port of Long Beach – Mario Cordero, Executive Director -Metropolitan Water District of Southern California – Adel H. Hagekhalil, General Manager -Southeastern Pennsylvania Transportation Authority (SEPTA) – Leslie S. Richards, General Manager and CEO Additional entities, such as the leading AEC firm STV, have signed onto the Pledge - visit EquityInInfrastructure.org for more information and updates.