Stanley Forczek
0:20:59
Thank you so much, mister speaker and members of the committee.
0:21:03
My name is Stan Forczyk.
0:21:04
I am on the advisory board for the Coalition For National Infrastructure Bank.
0:21:08
I'm also a retired executive from Amtrak, spent over 30 years there.
0:21:13
I've worked with Con Edison, Metro North, Long Island Railroad, and a lot of other organizations within the city of New York, and also the Albany Transit Authority.
0:21:28
I also retired from an energy consulting firm, based out of Philadelphia.
0:21:33
And I wanna take a different approach.
0:21:35
I I like what, doctor Prins has said, and we all believe in that.
0:21:39
Every member of the coalition believes in that.
0:21:41
But I want you to take and look within as to what's going on within the country, and and especially in New York.
0:21:50
I mean, there's a lot of projects going on.
0:21:52
You have the gateway project.
0:21:54
You have, the east side connection.
0:21:57
You have a lot of transportation for a major projects going on, but the smaller projects need, help.
0:22:05
Think of it this way.
0:22:06
Infrastructure took off in the 19 twenties, 19 thirties, 19 forties, and it was built for a lifespan of 50 to 75 years.
0:22:18
That is approaching now a 100 years old.
0:22:20
You had an event within the city, several weeks ago where a subway, line, was stopped.
0:22:29
A train was stopped.
0:22:31
We had to get passengers out through a tunnel.
0:22:34
It was all caused by a substation, which was a 100 years old.
0:22:39
You have to think about where we are in relationship to when everything was built.
0:22:44
Everything was built many years ago.
0:22:46
There's a lot of substations that are out there that are a 100 years old.
0:22:50
I can tell you when I took over Amtrak as director of finance, for Northeast Corridor Operations, all of our substations were over a 100 years old, and they all had to be replaced.
0:23:01
The National Infrastructure Bank
