Repairs to a collapsed span of the Eggners Ferry Bridge over Kentucky Lake should be completed by May 27—four months earlier than originally anticipated. Hall Contracting of Kentucky Inc., Louisville, has won a $7-million emergency contract. It faces a $50,000-per-day penalty if it misses the May 27 deadline.
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.