A House committee has cleared a four-year aviation reauthorization bill that would provide a boost for airport construction grants and a hike in passenger facility charges, as an airport group says capital needs continue to climb. But with a temporary Federal Aviation Administration authorization set to lapse March 31, another extension is likely. The House Transportation and Infrastructure Committee on March 5 approved a bill that would authorize $70 billion for FAA over the 2009-2012 period. It includes $16.2 billion for FAA's Airport Improvement Program, which provides grants to fund runways, taxiways and other infrastructure. Under the bill, AIP would
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.