Related Links: DOT Secretary LaHood's statement Gov. Christie's statement ENR Oct. 13, 2010 story: Blurry Tunnel Vision Oct. 7, 2010, enr.com story: "Citing Fears of Cost Overruns, N.J. Gov. Scraps Trans-Hudson Tunnel" In a deal that closes a key chapter in a long-running dispute between the U.S. Dept. of Transportation and New Jersey, the state will have to repay only $95 million of the $271 million that DOT had disbursed for early phases of a commuter-rail tunnel that New Jersey Gov. Chris Christie (R) cancelled last year.The nine-mile-long Access to the Region’s Core (ARC) tunnel was to run under the
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.