Images Courtesy of ICA Configured in BIM and produced at CasaFlex for site delivery, Mexican companies are innovating in the delivery of correctional facilities and providing lessons for cash-strapped U.S. governments. Related Links: Casaflex website (en Espanol) ICA's 2012 Annual Report Although the U.S. has only 5% of the world's total population, it has about 25% of the world's incarcerated population. The number of inmates has tripled since 1980, and with many correctional facilities overcrowded and in poor condition, the demand for new construction and renovation projects has been strong.Annual construction starts for these project types reached $3.8 billion in
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.