Related Links: Small-business Bill Aims To Spur Loans President Obama has signed into law a small-business bill providing $12 billion in tax breaks and a new $30-billion loan program. Among small-business owners with Obama at the Sept. 27 bill signing was Tony Scovazzo of AJS Consulting Engineers, Alexandria, Va. Obama said the firm is on the waiting list for a Small Business Administration loan. When it gets the loan, he said the firm would “be able to buy new office space and hire three people to do energy-efficient HVAC work.”
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.