Dive summary:

• Federal construction paid for from trust funds will not feel the blade of the sequester spending cuts that took effect March 1, but conventionally funded categories will lose a total of $4 billion if the reductions stay in effect.
• According to a report that the Office of Management and Budget had ready for Congress as the mandatory cuts went into effect, military construction, aid for rebuilding after super-storm Sandy, EPA water infrastructure and cleanup work at former nuclear facilities will be reduced.
• Left off the chopping block are highway projects funded by the highway trust fund, all Airport Improvement Program projects, and all Veterans Affairs construction.

From the article:

That amount is in line with an early February Associated General Contractors of America report, which estimated that the sequester’s construction cuts “could exceed $4 billion.” ...