Related Links: Gov. Scott OKs Construction of Central Florida's $1.3B SunRail Commuter Rail Project Fla. Legislators Raid $150M From State Road Fund Top Start: I-4/Selmon Expressway Connector Despite uncertainty over future funding, the Florida Dept. of Transportation is banking on low bids and private-sector financing as it accelerates an estimated $1.2 billion in projects in an effort to boost the state's stagnant jobs situation. At the same time, the agency is rolling out a plan to aggressively expand the use of tolls to add capacity throughout the state’s network of interstate highways and major bridges.Calling the stream of revenue derived
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.