Related Links: New Orleans Raises $14.6 Billion Defensive Ring NYC Mayor Bloomberg Pushes $20-Billion Long-Term Resiliency Plan In the aftermath of Superstorm Sandy's devastating blow to New York City, Mayor Michael R. Bloomberg (R) called for a special initiative to rebuild a stronger and more resilient city. That would be a smart investment, but the challenge, once again, will come in funding it.Research has shown that flood- protection infrastructure consistently offers at least $4 of benefit for every dollar spent. The challenge is finding the funds to plan and build defenses rapidly at times when damaged communities have less 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.