The House on March 1 approved by a 335-91 vote a bill to fund federal agencies for two weeks, but with $4 billion in cuts. Construction reductions include: $650 million from highways, $293 million from other surface transportation projects and $341 million from Corps of Engineers civil works. The stopgap would succeed a bill due to lapse on March 4 and give lawmakers time to work out a measure to last through Sept. 30. The House had passed a nine-month extension on Feb. 19 that extends through September, with $61 billion in cuts. But Senate Appropriations Committee Chairman Daniel Inouye
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.