In July, the Colorado Dept. of Transportation started one of its largest stimulus-funded transportation projects with the multimodal rehabilitation of nine miles of the C-470 highway between Interstate 25 and Santa Fe Drive, south of Denver, and an adjacent bike path. Denver, Colo. Photo: CDOT ARRA funds are used to repave nine miles of Denver-area highway and 26 miles of bike paths with concrete and asphalt. Photo: CDOT Related Links: Stimulus: A Snapshot of Top Shovel-, Wrench- and Pencil-Ready Projects The $22.3-million project, entirely funded with American Recovery and Reinvestment Act dollars, will repair or replace highway concrete base slabs
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.