As the 111th Congress begins its new session, construction groups will be keeping an eye on House-Senate negotiations on a final health-care bill and Senate action on a jobs measure expected to include billions for infrastructure. Also on the agenda are successors to stopgap surface-transportation and aviation authorizations soon to lapse. Jeffrey Shoaf, the Associated General Contractors’ senior executive director for government affairs, says, “You’ve got the first quarter of this year chock-full of big issues.” Talks continue on a final health-care bill (see below). Shoaf says lawmakers are “very close to getting it done but...every time they’ve voted on
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.