House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) has outlined a proposal that essentially would transfer the responsibility to develop high-speed rail (HSR) on the Northeast Corridor from Amtrak to the private sector. Amtrak wants to keep control over the route and last September proposed its own $117-billion, 30-year HSR plan. Map Courtesy Of Amtrak Mica says his proposal, which he unveiled at a May 26 hearing, would let public-private partnerships design, build, operate, maintain and finance high-speed passenger service along the corridor from Washington, D.C., to Boston. He says his plan would be finished in 10 years—much faster
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.