Call it a double-edged sword, a perfect storm or—stealing a quote from Charles Dickens—American Public Transportation Association President William Millar describes the state of transit as, “The best of times, the worst of times.” From California to the Carolinas, the acceptance of and desire for transit systems is unprecedented. Voters in November approved more than 20 pro-transit ballot initiatives, most notably Proposition 1B in California that calls for $9.95 billion for a high-speed rail system stretching from Sacramento to San Diego. Slide Show Photo: California High-Speed Rail Authority Photo: Joseph Caserto/ENR But transit owners, designers and builders have no easy
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.