With a short stopgap spending bill set to lapse on Dec. 21, Senate Democrats have introduced a new measure that would extend funding for federal construction accounts and other programs through March 4. It also would continue authorizations for surface-transportation programs through that date. If the full Senate passes the proposed nine-week continuing resolution (CR), which was introduced on Dec. 19, it would go to the House for a vote. The new CR would fund most programs at their fiscal 2010 spending levels. There are some exceptions, such as the latest round of Defense Dept.'s Base Realignment and Closure (BRAC)
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.