If time is money, then Brutoco Engineering & Construction Inc. has saved cash-strapped California officials both. The Fontana, Calif.-based company won an American Recovery and Reinvestment Act-funded contract in September to widen the congested 91 Freeway in Orange County. Its bid came in at about $20 million below and more than 400 working days under what California Dept. of Transportation (Caltrans) officials estimated. Brutoco believes it can do the job in about 300 working days, says Tracey Lavelle, a Caltrans spokeswoman. “This is a very aggressive timeline by the contractor,” she says. Orange County, Calif. Related Links: Stimulus: A Snapshot
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.