The U.S. Dept. of Transportation has launched what surely will be a tough competition for the second round of Transportation Investment Generating Economic Recovery (TIGER) grants to help fund projects that aim to produce major regional or national transportation benefits. DOT has $600 million in fiscal 2010 appropriations for the new batch of grants. Demand was huge for the $1.5- billion first TIGER round, which was funded by the American Recovery and Reinvestment Act. That initial group of grants, whose winners were announced on Feb. 17, drew more than 1,400 proposals totaling about $60 billion. DOT’s funding-availability notice, published in
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.