The widening of I-405 marks one of the few major design-build projects in Los Angeles to date. But thanks to an ambitious initiative to build 12 major transit projects by 2019, rather than over three decades, alternative project delivery methods are expected to be deployed on some of the county's biggest rail and highway projects.One of the highway projects that might benefit is the decades-old Interstate I-710 completion. “This project has the most promising P3 potential,” said Doug Failing, executive director of highway programs for the Los Angeles Metropolitan Transportation Authority, or L.A. Metro. His remarks came during a May
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.