The Senate voted to end debate on a $15-billion jobs bill on Feb. 22. Five Republicans, including fledgling Massachusetts Sen. Scott Brown, joined all but one Democrat in voting to advance the bill, which the Senate plans to take up later in the week. Key provisions include an extension of the Highway Trust Fund—set to expire on Feb. 28— through September 2010 and an expansion of the Build America bond program.
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.