Related Links: House Appropriations Committee draft report on FY15 military construction-VA bill Webcast of committee's April 9 markup of milcon-VA and legislative branch bills In its first action on fiscal year 2015 spending bills, the House Appropriations Committee has voted to slash Dept. of Defense construction and boost the Dept. of Veterans Affairs major-projects program.The panel, which cleared the military construction-VA bill on April 9, sliced DOD construction 33%, to $6.6 billion. Army construction would be hit hardest among the armed services, with a 52% reduction. Navy-Marines and Air Force programs each would be cut by more than 30%.The committee
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.