President Obama outlined his education goals broadly in his inaugural address: “We will transform our schools and colleges and universities to meet the demands of a new age.” The White House Website offers more specifics of the new administration’s comprehensive vision of educational reform but the real nitty gritty at the schoolhouse bricks-and-mortar level is tucked deeply into the Democrats’ draft economic stimulus bill, where $20 billion is earmarked for school remodeling, renovation and repair. Another $100 million would go for school rehab on federal lands. Related Links: Proposal in House Fires Up Debate Does Massive Spending Help or Hurt
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.