Between nearly $50 billion in federal stimulus money and massive bond programs moving ahead in several states, funding for the transportation sector has been flying high this year. But the realities of the recession, coupled with heated debate over future funding streams, could bring the market back to earth in the coming years. Photo: Sanbag Stimulus funding is helping support an $800-million Interstate widening project through downton San Bernardino. Photo: WSDOT The $595-million Snoqualmie Pass East, which broke ground in August, is part of Washington state’s $5.8-billion 2009-2011 plan. Related Links: The Top Owners Sourcebook Complete Report Story Overview: The
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.