Photo Courtesy of INDOT Related Links: P3 Planned For Ohio River Bridges Big Plans Anticipate Big Freight Moves Spending private money to fund infrastructure is nothing new to Indiana, whose Interstate 69 project through the state's southwestern quadrant is called the largest all-new federal highway under construction in the U.S. Four years after its groundbreaking, nearly half of the 142-mile-long stretch opened in November. It was funded in part by a $3.8-billion lease of the Indiana Toll Road in 2006. As the project moves into its next phase, the Indiana Dept. of Transportation is again looking for private investors.The future
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.