In the face of opposition from the Obama administration, House Transportation and Infrastructure Committee leaders have unveiled major elements of a $500-billion surface transportation bill that would carry highway, transit and rail programs through the next six years and restructure Dept. of Transportation programs. Related Links: DOT's LaHood Seeks SAFETEA-LU Extension Other ENR SAFETEA-LU Coverage The proposal would represent about a 50% boost over funding for the past six years, but it doesn't specify where the additional money would come from. It also must contend with a radically different counter-proposal from Transportation Secretary Ray LaHood, who has called for an
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.