Will this be the year a long-delayed, multi-year aviation bill finally becomes law? There has been progress. The House on April 1 passed a four-year bill, but infrastructure advocates don’t like its cuts to Federal Aviation Administration airport construction grants. House lawmakers next will take their bill into negotiations with the Senate, which approved a two-year bill in February. Construction groups prefer the Senate version’s funding for Airport Improvement Program (AIP) construction grants, which finance runway work and other projects. The Senate bill averages about $4 billion per year for AIP. However, the House bill slices the program to an
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.