The Stimulus Bill Compromise, Sector by Sector 02/13/2009 Compiled by Tom Ichniowski Here is a breakdown of construction-related spending in the $789-billion economic stimulus package, based on a summary released Feb. 12, about 3 p.m., by the House and Senate Appropriations Committees. The committees said that the package, titled the American Recovery and Reinvestment Act, included $311 billion in new federal appropriations, or about 39% of the overall $789-billion measure. ENR estimates the bill's allotment for construction-related spending at $131 billion. A more precise number cannot be determined. Why? First, some capital-spending funding in the bill can be used to
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.