The urgency of the current economic situation means state agencies must re-examine the way they do business, particularly with respect to in-house versus outsourced design work. Conventional wisdom has long favored the cost-effectiveness of private-sector design of public projects. Private-sector design professionals are more efficient. A recent report by Polytechnic Institute of New York University pegs the cost differential between public and private designers at about 14% and substantiates the claim that New York state can achieve significant cost savings by using private-sector engineers. SIMSON Performed at the request of the American Council of Engineering Cos. of New York, 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.