Haselden Construction and architect RNL put almost everything on the line for the Energy Dept.’s Research Support Facility in Golden, Colo. The firm-fixed-price contract, at $64 million, was risky, says Byron Haselden, even after terms were sweetened to include a $2-million incentive award fee and the contract adjusted so the team did not have to commit to a price in its proposal. Photo: Courtesy of Stantec Macey, Haselden and Andary (from left) are using the federal project to get more ultra-green work. Related Links: 2011 Award of Excellence Winner: Jeffrey M. Baker Closely Watched Building Lives Up to Expectations DOE’s
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.