The issue of jurisdiction for siting transmission lines continues to simmer. A federal appeals court ruled in February that the Federal Energy Regulatory Commission lacked authority to overrule state decisions denying applications for new lines. FERC Chairman Jon Wellinghoff told a House panel on June 12 he disagreed with the appellate court’s ruling but said he had not decided yet whether to appeal it to the Supreme Court.
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.