Construction officials in Washington have circled and underlined Sept. 30 on their calendars because it’s the expiration date for several measures that are critically important to the industry. The list includes surface transportation reauthorization, appropriations and a bill funding Federal Aviation Administration programs. Congress returned on Sept. 8 from its August recess, leaving little time before slamming into those deadlines. That makes short-term extensions nearly certain, giving lawmakers time to hammer out longer-term bills. Of measures facing Sept. 30 deadlines, the top construction priority is a successor to the 2005 Safe, Accountable, Flexible, Efficient Transportation Equity Act: a Legacy for
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.