The U.S. Senate on March 2 approved a temporary continuing resolution to fund the federal government through March 18. The two-week spending bill, which was approved by the House March 1, cleared the Senate by a 91 to 9 vote. The president is expected to sign the bill, which includes $4 billion in cuts. Construction programs facing reductions include: $650 million from highways, $293 million from other surface transportation projects and $341 million from Corps of Engineers Civil Works. The House passed a nine-month extension on Feb. 19 that includes $61 billion in cuts. Senate Democrats say the cuts would
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.