Photo Courtesy of American Road & Transportation Builders Association CFO Bertram says DOT aims to streamline its reviews of TIFIA applications. Related Links: States Gear Up to Seek Expanded TIFIA Loan Aid MAP-21 Transportation Measure Goes on the Books Advocates of public-private partnerships to help finance transportation projects are hailing the new Moving Ahead for Progress in the 21st Century Act, or MAP-21, and hustling to take advantage of a key part of the statute: a more than five-fold hike in a Dept. of Transportation loan program.As states await word from DOT on preliminary requests for 2013 aid under its
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.