As the American Recovery and Reinvestment Act moves past the 18-month point, some of its key construction programs have nearly all their funds awarded or under contract. As sectors—for example, highways and wastewater treatment—dry up as sources of future ARRA work, a few other programs, such as high-speed rail, are in their early implementation stages and still present prospects for design and construction firms in months to come. The House Transportation and Infrastructure Committee’s latest monthly ARRA update, released on Aug. 26, shows that of the $38 billion ARRA allocated for highway, transit and wastewater-treatment programs under the committee’s jurisdiction,
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.