Related Links: Prepared text of Ex-Im chairman's April 24 speech Congress Approves Three-Year Ex-Im Bank Measure (enr.com 5/28/2012) [subscription] A Capitol Hill battle is shaping up over the reauthorization of the Export-Import Bank. The bank provides financial aid to U.S. exporters, including heavy-equipment makers and construction firms. Its authorization expires on Sept. 30. A White House bill to keep Ex-Im running for five years has business groups' support. But at least one key House Republican opposes the proposal.The White House bill, sent to Congress on April 23, would extend Ex-Im through 2019 and raise its aid cap, in steps, to
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.