Transit projects in Denver, San Francisco, Hartford, Honolulu and Minneapolis will get a first-time boost from the Federal Transit Administration’s New Starts program for fiscal year 2011. But FTA administrator Peter Rogoff conceded that the consistency of annual levels of funding will be uncertain as long as the six-year transportation reauthorization bill is delayed. At a Feb. 2 press conference, Rogoff announced $1.82 billion for 27 major transit projects for FY 2011. That includes $835 million for 19 new construction projects, including $80 million for two rail lines in Denver, $45 million for a busway to connect Hartford and New
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.