With President Obama’s May 7 release of his detailed budget proposal for the coming fiscal year, the tussle over 2010 federal funding will intensify. Taking a tougher line on spending, Obama highlighted a plan to terminate or trim 121 programs, aiming to save $16.7 billion. Cuts would include about $1.5 billion from construction accounts. The Democratic Congress is likely to defer to Obama’s first budget request, but only to a degree. Lawmakers are not expected to rubber-stamp every line. Photo: AP/Wideworld OMB Director Orszag and Obama spell out cuts in some federal programs. Jeffrey D. Shoaf, Associated General Contractors’ senior
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.