House and Senate floor votes are the next steps for a $105.9-billion war funding bill that includes $4.5 billion for defense and nonmilitary construction. Conferees from the two chambers on June 11 reached agreement on the package, which focuses mainly on aid to continue the military campaigns in Iraq and Afghanistan. Among the measure’s construction allocations is $2.8 billion for Dept. of Defense projects; of that, $751 million is for DOD hospitals. The conference agreement also contains $922 million for State Dept. embassies, including $736 million for facilities in Islamabad. The Army Corps of Engineers would receive $797 million under
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.