Rail, marine and airport officials are pragmatically waiting for the final version of a stimulus bill. Everyone would like more stimulus project funds, but they would also like policy and programming changes. Such changes could be reflected in attempts to reauthorize the six-year transportation trust fund and the airport improvement program later this year. At a Transportation Research Board session held earlier this month in Washington, D.C., Maryland State Highway Administrator Neil Pedersen said many officials were calling the stimulus request process a “dress rehearsal” for reauthorization. Related Links: Proposal in House Fires Up Debate Does Massive Spending Help or
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.