The idea of a national infrastructure bank has prominent advocates who see it as a way to turn a modest federal stake into much bigger dollars for public works. But if a bank is authorized, it will happen later rather than sooner. Plans have been floated but have not generated strong momentum. The short congressional schedule makes the odds even longer for passage this year. One proposal on the table is a bill introduced last year by Rep. Rosa DeLauro (D-Conn.). DeLauro told a House Ways and Means subcommittee hearing on May 13 her bill would create “an independent, government-owned
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.