A new study of the largest owners of infrastructure, worldwide, shows 500 of the biggest owners hold fixed assets valued at $13 trillion; furthermore, 359 of them are in the private sector, having fixed assets valued at $9 trillion, or 69% of the total. The study was produced by infrastructure design and management software purveyor Bentley Systems Inc., Exton, Pa. Released on Oct. 20, it is the first of Bentley’s “Infrastructure 500 Top Owners” rankings. Greg Bentley, CEO, says the rankings are based on publicly reported values of net tangible fixed assets. Entities with a mix of government funding and
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.