Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and construction management-at-risk revenue.
As economic uncertainty swirls around the Capitol Hill debt limit negotiations, some Top 400 contractors are worried about reaching the limit of their ability to keep projects profitable.
The economy is slowing, but ENR Midwest’s Top Design Firms showed robust growth over last year with participating firms reporting $8.1 billion in total regional revenue.
Construction-in-progress numbers have rebounded among this year's Top Owners, but those numbers don't completely reflect owner confidence in an increasingly volatile market.
In an increasingly complex global construction market, Top 250 firm executives say owners are placing a greater emphasis on meeting basic project goals—delivered on time, under budget and at promised value.