Related Links: Industry Executives Weigh In On What's Happening Around the Table Six "Myths" of AEC Firm Corporate Boards When Florida engineering firm PBSJ Corp. added the first outsiders to its board of directors in 2005, forced to do so by new Sarbanes-Oxley regulations for employee-owned firms with a certain amount of shareholders, the unease was palpable."It was a culture change for the firm, and it took a while for the board and employees to accept non-employees being involved in its governance," says William D. Pruitt, a retired CPA who was named to head the PBSJ board's audit committee. "The
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.