Senate Finance Committee Chairman Max Baucus (D-Mont.) has introduced a bill that would repair the looming revenue hole in the Highway Trust Fund. Baucus's bill, introduced July 20, would provide a total of $26.8 billion in new revenue for the trust fund, with $22 billion designed for the fund's highway account and $4.8 billion for its transit account. Photo: Senate Finance Committee Finance Committee Chairman Baucus (L) hopes to avert shortfall in trust fund. Transportation Secretary Ray LaHood has said that the highway account will require a $20- billion infusion over the next 18 months, or DOT would have to
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.