With federal highway and transit dollars facing a tight squeeze, those drafting a new surface transportation bill are seeking to produce the biggest bang for a limited number of bucks. But how to measure which projects have the best payoff? Source: Pew Center on the States and The Rockefeller Foundation, 2011 Rating the States on Evaluating Highway, Transit Projects’ Impacts A Pew Center on the States-Rockefeller Foundation report, released on May 11, says only 13 states get top marks for goals, performance yardsticks and data to help their transportation officials set highway and transit spending priorities. The Federal Highway Administration
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.