After weeks of preparation, the Army Corps of Engineers has released its detailed plan of how it plans to spend the $4.6 billion the economic-stimulus measure provides for its civil-works program. The legislation, the American Recovery and Reinvestment Act, split the money into six categories. The largest shares are $2.1 billion for the Corps operations-and-maintenance account and $2 billion for the construction program. The new Corps list, released on April 28, covers 1,191 projects, including 892 operation- and-maintenance items and 178 in the construction account. “I’m very encouraged by what I see,” says John Doyle, Waterways Council Inc. vice president
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.