The White House will have to keep searching for a deputy secretary for the Dept. of Transportation. Jane Garvey, the Federal Aviation Administration chief and acting head of the Federal Highway Administration during the Clinton presidency, was seen as the top choice for the No. 2 DOT post. But Garvey has declined the appointment, says a spokesperson at JPMorgan, which Garvey joined last year.
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.