A planned rail transit spur in northern Virginia has moved another step forward, with U.S. Transportation Secretary Mary E. Peters' approval of a $900-million, multi-year federal funding commitment towards the project's $2.6-billion first phase. With Peters' Jan. 7 action, the proposed "full funding grant agreement" goes to Congress for a 60-day review. Slide Show Photo: Metropolitan Washington Airports Authority First phase would carry line part way to Dulles airport. Related Links: FTA Approves First-Phase Funds for Virginia Rail Project The $900 million would help finance an 11.6-mile first stage of a planned 23-mile extension of of the Washington Metropolitan Area
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.