With the Highway Trust Fund facing a shortfall within weeks, Congress has approved a $7-billion infusion for the fund's highway account, a move that backers of the legislation say will be enough to keep the account solvent through Sept. 30. Photo: Granite Construction Stopgap measure will fund project such as this new bridge in Key Largo, Fla. Related Links: Highway Trust Fund Fight is Heading Down to the Wire Downward Travel Trend Raises Highway Trust Fund Worries Other ENR Highway Trust Fund Stories The new money will be transferred from the general fund. Final Congressional action on the short-term trust-fund
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.