A contracting executive has set up a special fund to help Haiti and has pledged to match up to $1 million of contributions with his own money. James S. Ansara, chairman, founder and former CEO of Shawmut Design & Construction, Boston, has set up a new fund through The Boston Foundation in that city. The foundation has created The Haiti Fund, to finance immediate efforts to execute short-term relief efforts and for long-term rebuilding. About 25% of the total will be earmarked immediately to procure much-needed materials, fuel, equipment and personnel for infrastructure and for construction of needed medical facilities,
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.