Related Links: Text of DOD report House Appropriators Cut FY15 DOD Construction, Hike VA Major-Projects Account (ENR 4/21/2014 issue) [subscription] If a new round of mandatory budget cuts hits the Dept. of Defense in fiscal year 2016, military construction spending would rise from projected 2015 levels but then fall in 2017, the Pentagon has predicted.In a report issued April 16, DOD says if budget sequestration kicks in for 2016, it would result in $7.2 billion for military construction, including aid for DOD family housing. That total would be up 9% from the $6.6 billion President Obama requested for those programs
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.