Related Links: DOT's State-by-State Lists of Unobligated Earmarked Funding, Old Projects DOT Press Release Announcing Funding-Transfer Plan The Dept. of Transportation says states will be able to transfer $473.4 million designated years ago for specific projects, but never spent, to other transportation work. Under the plan, which DOT announced on Aug. 17, states have until Oct. 1 to identify projects to which they want their shares of the funds to go. The aid must be obligated by Dec. 31.But Rep. Jerry Lewis (R-Calif.), a senior Appropriations Committee member, blasted the plan, saying DOT announced it without consulting any members of
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.