Courtesy of U.S. Dept. of the Treasury DOT Secretary Foxx, at Obama administration infrastructure summit, announced loan and bond financing for Florida highway, Pennsylvania bridge projects. Related Links: Treasury Dept. release on infrastructure summit, with link to report on innovative financing White House backgrounder on infrastructure summit The Obama administration is pushing ahead with its campaign to draw more private dollars to narrow the huge U.S. infrastructure-finance gap, announcing on Sept. 9 a flurry of project-funding actions.Officials made the announcements at a Washington, D.C., “summit,” at which Cabinet secretaries heard ideas from public and private officials on further ways 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.