The Dept. of Veterans Affairs has released its list of about 1,000 projects, totaling nearly $1.3 billion, that it plans to carry out using funds from the American Recovery and Reinvestment Act. The vast majority of the projects on VA's list, dated April 2 and 3, are small, with many of them pegged at less than $1 million each. Under the economic-stimulus statute, the VA funds are available until Sept. 30, 2010. The projects are in three categories, the largest of which is $1.086 billion for 965 "non-recurring maintenance" and energy-related projects at VA facilities around the country. Energy-related projects,
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.