Tucson, Ariz., secured federal funding for an ambitious project to build an electrically powered streetcar with the approval of a $63-million grant through the Federal Transit Administration. Officials with the city’s transportation department finalized the paperwork for the Transportation Investment Generating Economic Recovery (TIGER) funds on Dec. 28. The move protects the project’s funding from congressional stimulus cuts, they say. The city now must find a way to close the $26-million funding gap for the project. The city must close a $26-million funding gap. Tucson also is awaiting FTA’s approval of an environmental assessment, required before grant funds can be
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.