The desire for federal 'TIGER' grants shows no signs of fading in transportation circles. Photo: U.S. Dept. of Transportation LaHood's DOT is sorting through almost 1,000 applications The U.S. Dept. of Transportation reported on Sept. 24 that the second round of its Transportation Investment Generating Economic Recovery grants had drawn more than $19 billion in applications for the $600 million it has available to award. A DOT spokesperson says that the department hasn't set an award date yet for the 'TIGER II' round. In all, DOT said it received almost 1,000 applications for the TIGER II competition, from every state,
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.