The U.S. Dept. of Transportation is redistributing to 14 states $1.2 billion in high-speed-rail funds originally awarded to Wisconsin and Ohio, whose governors-elect have pledged to kill rail projects launched by their predecessors. Related Links: Rail Plans Hit Bumps Rail Dollars Rolling U.S. DOT said on Dec. 9 that California would get up to $624 million, the largest share of the reallocated rail funds. DOT had previously awarded $3.2 billion to the Golden State for its ambitious rail plan. Florida will get as much as $342.3 million under the redistribution. The state's incoming governor Rick Scott, has said he's opposed
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.