State departments of transportation have been hit with a double whammy in recent years. In lieu of a long-term federal surface transportation reauthorization bill, the federal government continues to dole out money through Highway Trust Fund extensions, making it difficult for DOTs to plan for the future. At the same time, the recession has tightened the screws on state coffers, leaving some to wonder if significant capacity work is even possible in the coming years. Photo: Courtesy of Pany/NJ New Jersey Gov. Chris Christie cancelled the $8.7-billion ARC Trans-Hudson Express Tunnel project between New Jersey and Manhattan, citing a lack
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.