Table of Contents - IIJA, Q3 2025

Section 1 – Methodology and Scope

• Report Methodology
• Scope of Analysis: Select IIJA-Funded Programs
• Utility-Level Projects Funded by IIJA

Section 2 – State Revolving Fund Program

• Influence of IIJA Funding on SRF Program Capacity
• SRF Award Progress Tracker
• Project Awards Backfilled with State Reporting
• SRF Award Timeline Signals Current Slowdown
• An Evolving Picture of State Funding Utilization Rates
• Geographic Distribution of Subawards