California’s first American Recovery and Reinvestment Act infrastructure project broke ground last week while the state confirms that $1 billion of act funding has been obligated to 80 total projects. Slide Show Photo: Sherman Chu, Courtesy of Caltrans Brian Gates, Top Grade’s COO, addresses the audience at the Fairfield I-80 project groundbreaking. Gov. Arnold Schwarzenegger (R) and representatives from Caltrans and Top Grade Construction of Livermore, the general contractor, were on hand April 30 to break ground on the $13.5-million pavement improvement project on a 50-year-old section of Interstate 80 in Fairfield between State Route 12 and Air Base Parkway,
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.