In the latest intense competition for Dept. of Transportation funds, the agency awarded $293 million for 53 streetcar and bus projects around the country. Some of the aid will go for construction. DOT Secretary Ray LaHood, announcing the winners on July 8, said the grants are part of the Obama Administration’s community “livability” initiative, which links transportation planning and funding with housing and economic development. Awards included $130 million in Urban Circulator funds and $163 million in Bus and Bus Livability aid. The federal grants will be supplemented by local funds. Streetcar projects in St. Louis, Charlotte, N.C., Cincinnati, Fort
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.