Not all states are turning down federal funding for high-speed passenger rail. The U.S. Dept. of Transportation has formally obligated $590 million in American Recovery and Reinvestment Act funds to the Washington DOT, clearing the way for passenger rail infrastructure projects in that state. The state DOT announced on Feb. 26 that it had reached agreements with federal and railroad officials on releasing the funds as well as a spending plan and rail-service benchmarks. U.S. DOT awarded Washington $590 million in January 2010, when it announced the winners of ARRA’s $8 billion for high-speed passenger rail. But agreements with state
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.