The Dept. of Transportation has selected two projects in California and one each in Colorado, Texas and Virginia to apply for loans under its Transportation Infrastructure Finance and Innovation Act (TIFIA) program.The five winners, announced on April 24, were chosen from among 26 projects. Those not picked—including New York's $6-billion replacement for the Tappan Zee Bridge—are eligible for future TIFIA consideration.The two projects in California are a $1.3-billion extension and added lane for state Route 91 between Orange and Riverside counties and a $960-million bridge in Long Beach. Also making the cut are a $140-million U.S. 36 corridor program in
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.