State highway agencies have taken the term “shovel-ready” to heart, so far devoting nearly half of the American Recovery and Reinvestment Act dollars to pavement improvements, according to a recent report from the U.S Government Accountability Office. That information has drawn a mixed response in Congress. House Transportation and Infrastructure Committee Chairman James Oberstar (D-Minn.) says the focus on such projects was expected. But Rep. John Mica (Fla.), the committee’s top Republican, wants to see more stimulus funds used for large projects. Source: GAO analysis of FHWA data Highway obligations by project type In another stimulus development, the U.S. Dept.
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.