Soon after signing a 30-year water/wastewater concession in Rialto, Calif., Table Rock Infrastructure partner Megan Matson went on a 100-city tour to explain the contract to municipalities with similar needs for investment and expertise. What she found among the midsize cities visited was a public works culture eager to study but unwilling to act. Rialto, like many municipalities, had had consultants drawing up various plans and reports for the same plant periodically for 25 years without moving forward. “This pattern of study and punt is pervasive,” says Matson. “I would attribute the country’s D+ infrastructure rating more to this sort of congenital dithering than to a lack of funds.”