A new process that measures the value of the social and environmental benefits of projects is generating buzz among academics, the private sector, public entities and government agencies. Developed by Omaha, Neb.-based engineering consultant HDR, the Sustainable Return on Investment (SROI) process allows decision-makers to evaluate a potential project’s overall sustainability benefits by assigning monetary values to environmental, social and economic impacts. Image Photo: Diagram Courtesy Of HDR The values on the vertical axis show the probability that the corresponding return on investment values, described on the horizontal axis, will not be exceeded by the actual ROI outcome. “Communities want
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.