A landmark agreement between the New York State Dept. of Environmental Conservation and the New York City Dept. of Environmental Protection has green-lighted $3.8 billion in funding over the next 18 years to address combined-sewer overflows, or CSOs.
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.