Anser Advisory Pledges to Increase Equity in Infrastructure and Support Building Generational Wealth for Historically Underutilized Businesses

Anser Advisory, ranked 14 in ENR’s 2022 Top 50 Program Management Firms, 2nd on the Zweig AE Fastest Growing Hot List for 2022, and a certified Great Places to Work organization, has increased their commitment to equity through supporting the Equity in Infrastructure Project (EIP).

EIP’s mission is to build generational wealth and reduce the racial wealth gap by creating more prime, joint venture and equitable contracting opportunities for Historically Underutilized Businesses (HUBs)by bringing together the public, private and NGO sectors to erase historic obstacles and improve procurement practices. Anser Advisory is also one of the first members of the EIP Advisory Council, which was created to ensure that the EIP goals, engagements, and commitments are operationalized.

The first EIP Advisory Council meeting took place last month, September 2022 in Washington, DC, and brought together key groups from the White House, USDOT, and state and local agency leaders. Yesterday, October 11, 2022, EIP took a significant step forward in achieving their mission as the Chief Executives of the California, District of Columbia, Illinois, Kansas, Louisiana, and Michigan Departments of Transportation took the EIP Pledge at a signing ceremony in Washington DC.

“The EIP mission is directly aligned with Anser Advisory’s commitment to equity. Over the last four years, we have merged with seven legacy firms that once held Historically Underutilized (DBE, M/WBE, or SBE) status and know firsthand the challenges and the barriers they face to achieving generational wealth,” said Bryan Carruthers, CEO of Anser Advisory. In addition, he added, “As one of the nation’s leading program management firms, we also know that many of our clients struggle to achieve HUB participation goals, and even when those goals are met, generational wealth for HUBs and underserved communities is often not the result. With the generational funding now flowing into our nation’s infrastructure, I have committed Anser Advisory to supporting the EIP mission so that we can be an active part of collaborating to develop solutions to these challenges.”

“Harnessing the power of the federal infrastructure bill to change procurement and create community wealth requires all hands-on deck. The coalition brought together by EIP is what our nation needs to finally create true equity in infrastructure contracting, and we appreciate the leadership role that Anser Advisory and other early supporters have taken in supporting the EIP mission,” said EIP Co-Founder and former Deputy Secretary for the U.S. Department of Transportation John D. Porcari.

About Equity in Infrastructure Project

The Equity in Infrastructure Project (EIP) seeks 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. EIP defines HUBs as including firms formally designated as DBEs, Minority and Women-Owned Business Enterprises (M/WBE), Small Business Enterprises (SBE), as well as any other business classification used locally in the United States intended to boost the participation of otherwise underutilized firms, which can vary by state, region, and municipality. Learn more about the EIP Pledge at EquityInInfrastructure.org.