DOT Expands TIFIA Financial Assistance for Transportation Infrastructure
[ad_1] The U.S. Dept. of Transportation recently updated its Transportation Infrastructure Finance and Innovation Act program policy to finance as much as 49% of project costs, up from 33% in most cases. It’s a change that has been sought by construction and transportation groups who say the
ABC Survey: Contractor Backlog Increased In June
[ad_1] The Associated Builders and Contractors' (ABC) Construction Backlog Indicator rose to 8.7 months in June, according to a member survey, the association announced. The figure is up by 0.3 months compared to both May 2025 and June 2024.“Despite a wide array of headwinds and disappointing construction spending
