Owners continue to award more consruction projects under design-build contracts, a new study by the Design-Build Institute of America and consultant FMI concludes. According to the study, if design-build continues growing at the same rate, it will account for $400 billion worth of work in the U.S. by 2025,.
In 11 key non-residential market segments, the delivery method will account for 47% of U.S. construction spending, up from 42% in the five-year period ending in 2020. The study foresees design-build claiming 16% of highway/street work, 15% of school construction and 13% of manufacturing.