Image: Courtesy of Dr. Phillips Performing Arts Center PCL Construction Services, the pending owner's representative for the $383-million Orlando Performing Arts Center, is reviewing Balfour Beatty's construction management contract and subcontractor bids in an effort to cut costs. The first phase of the venue designed by Barton Myers Associates is estimated at $202 million, or $17 million more than is available. The PCL report is due May 9.
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.