Went long here expecting URS to benefit from all that money being pumped into the States by the Feds for infrastructure.
Turns out what these worms are doing is playing 3 card monty with the money. Seems if State A normally spends a billion a year on roads and infrastructure, what they are doing is stripping that billion out of the budget and spending it to keep the no show payroll in tact, then taking a bil from the feds and applying it to their normal capital projects. In short there's no increase in capital spending, so no new business for URS.
Bad planning on my part to trust state officials.