With the 2009 federal fiscal year set to end Sept. 30, House and Senate negotiators have agreed on a government-wide stopgap measure that would provide enough money to keep federal agencies operating for one additional month. Lawmakers hope that the "continuing resolution," which runs through Oct. 31, will provide time for congressional appropriators to reach agreement on the spending bills for the full fiscal 2010. Attached to the "CR," on which House and Senate conferees reached agreement Sept. 24, are parallel one-month funding and operating authority extensions for surface transportation and Federal Aviation Administration programs. Current highway-transit and aviation authorization
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.