Section 118 Of Water Resources Development Act of 2020

Established under Section 118 of the Water Resources Development Act of 2020, this pilot program managed by the U.S. Army Corps of Engineers focuses on conducting feasibility studies for flood risk management and storm damage risk reduction. The initiative specifically prioritizes projects that integrate natural or nature-based features to protect rural and economically disadvantaged communities. By focusing on resilience and economic development, the program aims to implement sustainable infrastructure solutions in vulnerable areas. The program is currently in a new status and is pending additional information, utilizing direct federal spending as its financial instrument. It is open to all eligible parties requiring work for qualifying infrastructure under NAICS code 541330. While the program is administered federally, it targets critical infrastructure improvements to mitigate the impacts of hurricanes and flooding in underserved regions.