Because there already is a tried and tested formal process for handling infrastructure maintenance and development, and the problems we have in it come, as usual from our politicians.
Take sewers: cities/towns with sewer systems and treatment plants get their revenue for maintenance and upgrades from the customer base. They also get moneys from tap-on fees. They do not have to accumulate enough money to upgrade, they can leverage enough money to make those with a much smaller amount. But the EPA and state departments of environmental management properly get involved and force they when upgrading to do things they might not want to take the time of resources to do. It may mean abandoning an old plant and going further downstream an build a new one there. but this means building a larger intercepting main line than they ordinarily would think needed, and they just want to get on with it so they can encourage growth and property tax base again. This is a good process, and means all levels of government are involved.
But there are times and places where the local government officials can move the money that would be used to leverage the needed work to pet projects, and they let their plant deterioriate. Again they are forced to pay attention because their constitutents suffer from lack of growth and development, and new jobs fail to materialize for their children as they graduate from high school or college.
The process is self adjusting and regulating if left alone. It has developed over the past 150 years, and works well when not short circuited.
I happen to live between two incorporated population centers. The larger one sees the revenues from sewage treatment as a boondoggle to expand other unrelated city sponsored services; an ice skating arena, a new park, buying a piece of real-estate for some future government expansion of unknown purpose, or some other scheme that would be better left to private enterprise, or at least put off until the budget permits; though I doubt that land speculation has a place in city government...ever. But when these diversions take place the budget soars, and property taxes become unbearable to many. Then the citizens rise up, a new governing body moves in and undoes the harm if the harm hasn't been too great. This is self regulating.
The smaller incorporated population center resolved its sewage plant problems by a process of study, and application, and leveraged financing from the FHA, and has move on. They operate with targetted taxes and revenues from the public they serve. That's because the process is so close to the citizens, and they have an need and an opportunity to be involved, attend meetings, serve on commissions to resolve the deficiencies; the American way.
When the government sends vast sums of moneys out to the precincts it short circuits this regulating system, and sets up an expectation for the same in the future.
The engineers who are involved in this study: I wonder how gainfully employed their businesses are in the work they see as needing to be done. Why not offer their services to any number of local authorities which they identify as those being in need? If the situation is dangerous, or at a tipping point there are plenty of ways to move these critical projects into actualization, and the financing process is there without their usurping it. They seem to be politically motivated in this expose. I don't want to kill any politicians at all; I'd just like them to find another way to seek prominence. This type of movement, if it took hold, would waste vast sums of money, and interupt the process.
While I understand your argument about manipulating money that should go to the intended project but is spent frivolously in some cases, that still doesn't address the obvious deteriorization that everyone who's eyes are wide open can see every single day of his/her life, somewhere. I don't think anyone will ever solve the problem of waste in major construction projects. It also can happen by manipulative private contractors! Imagine that. Someday, when the right thread comes along, I'll tell my horror story about a condo in Houston I bought that was so inferior, the entire complex had to be torn down within five years, before it
fell down.
A lot of infrastructure funding comes from issuing bonds at the local level, but it is still in most cases, a private contractor selected for the actual work. So, in essence, such projects are not completely controlled by manipulating politicians nor brought to the public's attention by biased documentaries.
I don't deny that there is always an oppportunity to do some good work on infrastructure. And you say any of us can look around and identify the deterioriation. Fine . . identify something in plain sight and call the responsible authority (water co, sewer co, highway dept) and ask them what the status of that identifiable problem is at the present moment. I would bet that it is already identified and in the process of a solution in a normal work cycle which protects public safety and investment.
Highway maintenance and construction are already folded into a tax/revenue targetted system. This is ideal. Money from the general fund is not used for these things, but instead taxes from the sale of gasoline is held in a trust fund for maintenance or new work. This is the case for both federal and state funding, with states proposing and leveraging federal money for projects they identify. To me this is ideal. Actually, as I've said it's the same for water and sewer; the customers pay for the systems maintenance. Extensions, surprisingly are paid for by developers, who work under city or town auspices and approvals, so no governemt money is used. Bridges are also covered by the highway trust fund.
Dams at ponds and lakes are oftentimes privately onwned and are definitely outside any system of funding for repair or maintenance that I am aware of, so there is a potential problem, with safety issues. Still there is authority for the state or other civil entity to cause inspections, and enforce compliance by the individuals involved.
Too often, our politicians demand earmarks from highway funds, unrelated to highway maintenance. In our own district right now an elevated (call it a bridge) roadway for a walking path is being constructed over a local residential street which really has no great amount of traffic, and less traffic than many other cross streets the "walking path" must cross. I know concrete work and this is a million dollar project, serving no really useful purpose. It's possible, likely really, this is the resuilt of a deal to get a vote for an earmark (Obama money?) that came from money that could've been properly spent. At least it won't be in the way. But how about wheelchair users who can't safely negotiate the grade up-slope or down slope. I assume they'll just leave the path and bi-pass this dangerous incline.
The system needs to be tigntened, not loosened. Inspector Generals can monitor extablished systems, but stuff like the "stimulus" money can be wasted, and once an Inspecto-General identifies waste . . . what the heck, it's already done, so who really cares.
Your problem with a condo in Houston came from a failure of enforcement of the building code. If inspections had been enforced along the way, none of that would've happened, because the project would've been red flagged until corrections were made to ensure proper construction methods. I understand that at least one of the major cities in Texas has a problem with zoning, and that could extend over to building compliance.
When a city like Houston refuses to pass zoning ordinances, then fine, but then the state fire marshal should enforce building standards and compliance. Clearly something happened there that shouldn't have. I'd suspect corruption between a contractor and a set of public officials.