Related Links: Electronic Stability Control System Rule State DOTs Focus on MAP-21 Policy Changes, and Next Transport Bill Under the Moving Ahead for Progress in the 21st Century Act (MAP-21), the Federal Highway Administration's is promoting state-of-the-art technology, such as 3D modeling, by awarding up to 5% additional federal project funding to state transportation departments that use the technology. Other programs under the law require state departments of transportation to have an approved highway asset management plan in place."Using innovative technology can take the project from 95% to 100% federal funding," says Steven Stanfill, business development manager, civil engineering, Autodesk
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.