Though it may be another year before the full effects of the Fixing America’s Surface Transportation (FAST) Act are felt nationwide, the $305-billion funding measure enacted in December 2015 already has provided many of the sector’s contractors with something they have not experienced in quite a while: a sense of stability.
“Staying within the headlights” is how Vann Cleveland, vice president at specialty contractor Cleveland Electric Co., describes the family-owned company’s vigilance against overextending its capabilities in the vigorous Georgia construction market.
Monday, August 8, was supposed to have been a day of celebration for Maryland’s Purple Line, as state transportation officials and the Federal Transit Administration would officially ink an agreement for a $900 million New Starts grant for the new $5.6 billion light rail system across Washington, D.C.’s northern suburbs.
Under the design-build contract for the 5,700-ft-long Thimble Shoals tunnel parallel to the existing crossing in Virginia, construction would start in 2017.