Construction is scheduled to start this year on what will be the third-longest cable-stayed bridge in the U.S., linking St. Louis and western Illinois over the Mississippi River by 2014. The scope, limited bids and challenges of the Interstate 70 project caused the winning bid to exceed engineering estimates by almost $40 million. Image: MoDOT New St. Louis-Illinois crossing will be challenging but potentially rewarding for the contractor. On Dec. 30, the Missouri Highway and Transportation Commission (MHTC) awarded the $229.5-million contract to a joint venture of Massman Construction, Kansas City, Mo.; Traylor Brothers Inc., Evansville, Ind.; and Alberici Constructors
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.