For years, a higher-speed rail route between Chicago and St. Louis "has been a construction season or two away from reality," says Rick Harnish, executive director of the Midwest High Speed Rail Association. Pleasantly surprised by the $8-billion pot created in the final stimulus package for high-speed rail, he says, "Hopefully this will put it over the edge." Photo: California High Speed Rail Authority High-speed rail projects get $8 billion, up from zero in the House version of the bill. High-speed rail is the surprise winner in the $787-billion package, which includes $48 billion for transportation infrastructure. "It was a
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.