Related Links: Video of Senate Finance Committee hearing; prepared statements and testimony Key Senators' Highway-Bill Outline Needs Revenue Key senators agree that highway and transit funding will hit a critical juncture soon and faces longer-range financial needs. At a May 6 Finance Committee hearing, there was no agreement on specific short- or long-term remedies.The Highway Trust Fund's flagging health is the immediate problem. The Congressional Budget Office projects that, by Sept. 30, the trust fund's highway-account balance will dwindle to $2 billion and its transit account will have $1 billion left, Joseph Kile, a CBO assistant director, testified.Finance Chairman Ron
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.