Related Links: Florida Awards Groundbreaking Highway Contract P3 Delivery Drives Construction Speed on Florida's I-595 Project The mission: to shoehorn three new 10.5-mile-long reversible toll lanes into the middle of a six-lane interstate highway—including work on 63 bridges and 2.5 miles of the Florida Turnpike—while minimizing disruptions to up to 200,000 daily vehicles in the Fort Lauderdale area of Broward County, Fla.The method: a concessionaire agreement with a design-build construction contract, a first for the Florida Dept. of Transportation (FDOT). The $1.8-billion Interstate 595 widening project also came with plenty of complexity, including southern Florida's quirky geology, various stakeholders and
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.