More than 100 House Democrats have asked President Obama to help find a “dedicated revenue source” for the high-speed-rail program. In an April 14 letter to Obama, the 106 lawmakers did not specify which options they favor. High-speed rail got $8 billion in the stimulus package and $2.5 billion in 2010 appropriations. However, the legislators say that with budgets tight, high-speed rail cannot keep relying on authorizations and appropriations.
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.