Early work has begun in the House on a new Water Resources Development Act (WRDA), which would authorize new Corps of Engineers civil-works projects and mandate changes in Corps policies. No bill has been introduced, but lawmakers already have flooded the Transportation and Infrastructure Committee with hundreds of requests for projects in the new WRDA. Industry groups want to see the bill provide higher Corps spending, plus changes in policies and project cost shares. Photo: U.S. Army Corps of Engineers Waterways groups seek funding hike to improve river locks, plus a higher federal share for dam projects and a waterways
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.