The market for professional services in the construction industry has taken a beating, just like every other aspect of the depressed industry. However, unlike contracting, design and project delivery, the need for professional services from such firms is not always tied directly to specific projects but can range from project and program development to staff augmentation and dispute resolution. Thus, the downturn in projects does not directly correlate to a downturn in the need for services. McKissack & McKissack is part of the team led by Clark Construction on the $435-million, 1.2-million-sq-ft U.S. Coast Guard Headquarters complex in Washington, D.C.,
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.