With recession-stricken states stripping road and bridge projects from their improvement agendas and no federal surface transportation reauthorization bill on the horizon, transportation design firms are trying to make the most of a sluggish market. Photo Courtesy of AECOM High-speed rail is gaining renewed interest, thanks to an infusion of ARRA funds. Related Links: View More on Top 500 Sourcebook 2010 View Complete Top 500 Sourcebook 2010 with Data and Analysis Little of the $40 billion allocated to transportation under the American Recovery and Reinvestment Act (ARRA) has found its way to design firms, as states stayed true to the
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.