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Project Owners Can Boost Buying Power, Spur Economy

Leo A. Vecellio, Jr.   Vecellio Group, Inc. President, Chairman and CEO

Leo A. Vecellio, Jr.
Vecellio Group, Inc. President, Chairman
and CEO

For project owners, one of the upsides during a slow economy is getting more work done for less money due to the extremely competitive bidding environment.

Bids for needed public works projects or proposals for new business development plans often meet or beat engineering estimates, stretching the owners’ money.

So it makes good sense to move projects with long-term benefits from the planning stage to construction, especially in the transportation sector, where a backlog of important projects awaits funding.

The positive impact from this is two-fold: funds are maximized to obtain the best return on investment, while creating and keeping jobs that lift the entire economy.

Transportation contractors support enacting viable funding solutions that meet our nation’s long-term infrastructure needs, while releasing more vital projects for bid-letting and construction in the short-term.