Kiewit Infrastructure West Co. beat out six other bidders to win a $127-million design-build contract to construct Portland, Ore.’s first crossing of the Willamette River in more than 37 years. The 1,720-ft cable-stayed bridge with a 780-ft main span will carry only light rail, cyclists and pedestrians. The bridge is part of the $1.5-billion, 7.3-mile Orange Line project from Portland to neighboring Milwaukie, scheduled to open in 2015.
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.