While a variety of groups from utilities to environmental organizations are clamoring for a climate-change bill that can pass the Senate, construction industry sources say prospects for the bill—rolled out on May 12 by Sens. John Kerry (D-Mass.) and Joe Lieberman (I- Conn.)—look slim. They unveiled the 987-page American Power Act without the support of Lindsey Graham (R-S.C.), who had worked with Kerry and Lieberman for several months to craft a bipartisan bill but who in recent weeks dropped out of the discussions. Photo: AP/Wideworld “We’re closer than ever,” says Sen. John Kerry (at podium) with Sen. Joe Lieberman (right).
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.