The Dept. of Transportation has awarded $1.5 billion in American Recovery and Reinvestment Act grants to 51 projects that are expected to have a significant regional or national impact. The Transportation Investment Generating Economic Recovery (TIGER) grant winners cross most transportation modes, from bicycle paths to major bridges and freight-rail projects. Related Links: View summaries of each winning project DOT's awards, announced Feb. 17, range from $3.2 million for a Burlington, Vt., waterfront project, to $105 million for the "Crescent Corridor" freight rail-improvement program in Tennessee and Alabama. Interest in the TIGER program far outstripped the dollars DOT had available.
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.