Federal agencies are disclosing more American Recovery and Reinvestment Act construction plans. The Housing and Urban Development Dept. on May 5 outlined how it will allot $980 million in Community Development Block Grants, some of which is expected to go for infrastructure. The Dept. of Transportation on May 7 announced it will divide $743 million in stimulus aid among 11 transit projects. On May 8, the U.S. Environmental Protection Agency announced $111.9 million for brownfield cleanups, including $37.3 million from the stimulus. HUD’s stimulus CDBGs will be split among some 1,200 states, cities and counties by a formula that includes
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.