When Congress begins its new session in earnest later in January, construction industry officials and renewable-energy advocates want to see legislators extend key tax breaks that were allowed to expire on Dec. 31. Among them are the production tax credit (PTC) for solar, wind and other renewable-power sources. But some observers are pessimistic about prospects for such extensions any time soon.The House and Senate are slated to take up a further continuation of one break—the payroll-tax cut, which on Dec. 23 was extended through February. Some congressional leaders say they are ready to work on a long-term fix for the
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.