A $106-billion military funding bill that includes $4.4 billion for defense and civil construction is heading to the White House for President Obama's expected signature. Final congressional approval for the package came on June 18, when the Senate approved it by a 91-5 vote. Most of the measure's funds will go to continue the wars in Iraq and Afghanistan. Photo: Army Corps of Engineers Bill includes funds for hospital projects at Fort Belvoir, Va. Related Links: Read about the Bethesda hospital project Corps of Engineers Fort Belvoir slide show The largest share of the spending bill's construction funding is $2.7
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.