Dive summary:

• The federal budget reductions known by their Washington designation as "the sequester" are having the same effect as a recession on construction firms – everyone wants to stay in business, so big firms are going after work that they used to leave to smaller firms.
• Associated General Contractors of America says contractors may face delays in starting on work they bid because staff furloughs will reduce the speed of processing bids and contracts.
• The Army recently said that is delaying $788 million worth of work and canceling $400 million outright.

From the article:

[The] Undersecretary of Defense for Acquisition, Technology and Logistics recently admitted, “[i]t’s a reasonable possibility that we will go into 2014 with sequestration still underway.” ...