Plans to build the $3.4-billion headquarters campus for the Dept. of Homeland Security in Washington, D.C., got a jump start thanks to ARRA funding. The U.S. General Services Administration implemented the plan in August when it awarded a $435-million design-build contract to provide a new headquarters building for the U.S. Coast Guard on the site of the former St. Elizabeths Hospital. In additional to federal appropriations, the project secured $162 million of combined ARRA funds from GSA and DHS, which GSA spokesman Michael McGill says accelerated portions of phase one. Washington, D.C. Photo: USCG Coast Guard headquarters in Washington, D.C.,
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.