International donors have pledged $5.3 billion for the first stage of a plan to help earthquake-devastated Haiti rebuild. Among pledges made at a March 31 conference was $1.15 billion from the U.S. Haiti says it will need $3.9 billion for the 18-month first phase of the plan. The Jan. 12 magnitude-7 quake caused more than 220,000 deaths and destroyed about $4.3 billion in housing, roads and other infrastructure.
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.