New methods of project delivery are changing the face of project procurement. But what is the role of small or medium-size regional contractors in alternative project delivery (APD)? While the newer methods were initially used primarily on large projects, more and more owners are seeing the value of APD on smaller projects as well. APD allows owners more flexibility to accelerate the project time line, identify and mitigate risks, incorporate greater innovation and receive the overall best value.
APD is a growing industry trend. Yet some small and medium-size contractors are resisting the movement, which will likely prove a short-sighted approach. Just like any other new industry trend or technology, you can ignore it, fight it or embrace it. APD may offer an excellent opportunity to expand or diversify a construction business.