Related Links: U.K. Crossrail Project Hits Halfway Mark With a price tag of around $66 billion, the U.K.'s next high-speed-rail project is pressuring engineers to minimize costs while maintaining quality. As they prepare to procure the $28.1-billion first phase between London and Birmingham, officials are urging the international construction community to bring innovative ideas to the 10-year program.MCNAUGHTON"Here is a stream of work that gives you the incentive to invest in techniques, construction equipment and in skills of people at all levels," says Andrew McNaughton, technical director of High Speed 2 Ltd, the government's project company. "Things like tunneling have
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.