Highway, Street & Bridge Construction

Highway, Street & Bridge Construction

Overview

The 8,900 construction companies in the US build transportation-related infrastructure; including highways, roads, streets, airport runways, and bridges. Companies may also build driveways and parking areas. Industry revenue consists of new construction (45% of industry sales), additions, alterations, or reconstruction (32%), and maintenance and repair (23%).

Dependence On Government Spending

The majority of industry revenue comes from publically funded programs, mainly state and local government projects.

Variability In Costs

With low margins, variability in the cost of materials and labor can be a challenge, particularly for fixed unit price and lump sum contracts.