Photo Courtesy U.S. Army Corps of Engineers Bill calls for hikes In Harbor Maintenance Trust Fund spending on port dredging. Related Links: Text of WRRDA House-Senate conference report Industry Officials Hail House-Senate Deal on New Water-Resources Bill (enr.com 5/13/2014) [subcription] The first major water-resources bill in more than six years is heading to President Obama's desk. The $12.3-billion Water Resources Reform and Development Act authorizes nearly three dozen new Army Corps of Engineers projects, directs the agency to speed up its feasibility studies and provides new revenue sources for dredging, flood control and other water projects.WRRDA focuses on the Corps,
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.