The Senate commerce committee has approved a two-year Federal Aviation Administration reauthorization, with a boost in Airport Improvement Program (AIP) construction aid but no broad hike in passenger facility charges (PFCs). The $34.5-billion bill, cleared by the panel on July 21, includes $8.1 billion for AIP. If the full Senate passes the bill, it would go to conference with a three year, $53.5-billion bill the House passed in May. Like the Senate panel’s bill, the House’s has $4 billion for AIP in 2010 and $4.1 billion in 2011. AIP’s 2009 appropriation is $3.5 billion. The House bill also raises the
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.