Federal agencies are moving out more federal stimulus aid. The Federal Aviation Administration said March 12 that it had released the first two allocations of its $1.1 billion in airport aid under the stimulus. Those allotments, totaling $12 million, will go to two Pittsburgh-area airports. In addition, the Dept. of Energy said it plans to release to state and local agencies an initial installment of about $780 million of the $8 billion the stimulus provided to DOE for home weatherization assistance and aid to states' energy offices. DOE says that the initial allocations include $471.8 million for the weatherization program
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.