The outlook isn't bright for a quick deal on a new, multiyear aviation bill, because the Senate and House haven't bridged a wide gap on funding levels for airport construction grants. They also have been unable to resolve a disagreement on a labor issue. Negotiators, led by Senate commerce committee Chairman Jay Rockefeller (D-W.Va.) and House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.), have been working to settle differences between the long-term Federal Aviation Administration authorizations the two chambers passed this year.But with no agreement yet in sight, lawmakers cleared another short-term extension to keep Airport Improvement Program (AIP)
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.