The U.S. Dept. of Transportation has pumped another $2.5 billion into the high-speed-rail funding pipeline and is increasing the flow of actual obligations from its $8-billion first rail round. The moves are good news for the states that won grants and companies pursuing the work. However, whether the new Congress will approve another installment of Photo: California High Speed Rail Authority California won the largest amount, $901.6 million, in the second round of U.S. DOT rail grants. high-speed-rail (HSR) aid in 2011 remains an open question. In announcing the winners of the $2.5-billion round-two competition on Oct. 28, DOT Secretary
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.