The U.S. Army Corps of Engineers’ $14.6-billion drive to bring New Orleans’ hurricane defenses to 100-year levels of protection by June 2011 could fundamentally change the way U.S. civil-works projects are funded and delivered, project leaders say. + Image + Image The Greater New Orleans Hurricane and Storm Damage Risk Reduction System, or HSDRRS, is the largest civil-works construction program in Corps history. It was launched in the aftermath of Hurricanes Katrina and Rita in 2005. Already, on the fifth anniversary of the Hurricane Katrina disaster and with a year’s construction yet to go, the works now in place provide
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.