Florida state lawmakers and Congress members are racing to retain $2.4 billion in federal stimulus dollars committed to build high-speed rail, while other states await the opportunity to gain those dollars that Gov. Rick Scott (R) rejected this month. + Image The funds represent 90% of what the Florida Dept. of Transportation says is needed to build a line from Orlando to Tampa. The governor cited concerns about potential capital cost overruns, optimistic ridership and revenue projections, and the fear that taxpayers would be burdened with repaying the money if the construction or operations were halted. Bob Burleson, president of
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.