White House photo by Pete Souza Speaking in Tarrytown, N.Y., President Obama called for Congress to replenish the Highway Trust Fund, which is projected to go into the red in August. New funding would help pay for aging infrastructure, such as the Tappan Zee Bridge, pictured above, which is scheduled to be replaced by a new $5-billion crossing. Related Links: Text of Obama 5/14/2014 Tarrytown, N.Y., speech (White House transcript) Federal infrastructure project permitting "dashboard" list ENR Cover Story: Support for Environmental Review Reform Gains Momentum (3/24/2014 issue) [subscription] With the Highway Trust Fund expected to dip into the red
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.