The latest in a long line of stopgap authorizations for Federal Aviation Administration programs is due to expire on Jan. 31. With Congress in session for only a few days before that date and no deal yet on a multiyear measure, it looks as if at least one more extension is in the cards.For construction, the key issue is how much will be authorized—and when—for FAA's Airport Improvement Program (AIP) grants, which finance work on runways, taxiways and other infrastructure.The current stopgap is the 23rd since September 2007, when the last long-term aviation bill lapsed. Jane Calderwood, Airports Council International-North
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.