Photo courtesy of Balfour Beatty Continual evaluation by the entire project team can lead to ongoing solutions that achieve the owner's goals. Photo courtesy of DPR Construction DPR Construction used target value design during construction of the $320-million Sutter Medical Center in Castro Valley, Calif. Related Links: ENR: UCSF Adopts Lean Construction ENR: IPD Boosters Ignore Many Flashing Red Lights Every contractor has seen it happen: a project design that, for whatever reason, exceeds the owner's budget. If there's no leeway to spend more—and these days, there usually isn't—the contractor has little choice but to value engineer the design down
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.