Related Links: DOT state-by-state lists of earmarked funds, projects In a move that should give a boost to heavy infrastructure construction, the U.S. Dept. of Transportation is allowing states to transfer $473.4 million in highway funds earmarked years ago, but unspent, to other projects that can use the money now.Under the transfer program, which DOT Secretary Ray LaHood announced on Aug. 17, governors have until Oct. 1 to identify the projects on which they want to use their shares of the $473.4 million. Funds must be obligated by Dec. 31. The aid can go to highway, transit, passenger rail or
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.