For the first time since the 2010 housing crisis, total revenue for Top 600 firms decreased. Read the complete report about productivity, costs, bottlenecks—and what executives say.
Last year, as the pandemic upended the construction industry, contractors hatched a plan to come together. Determined to keep jobsites open and deemed essential around the U.S., a group of contractors partnered on turnkey coronavirus prevention protocols for all companies to use.
From smart cities to bridges, these five projects highlight work being performed on the continent by firms that ranked on ENR's top international lists this year.
The global construction market is red hot for some firms and stone cold for others as contractors deal with unpredictable project risks while readying for new growth opportunities.
In French, “mise en place” is a culinary term referring to having ingredients prepped and cooking tools accessible that can take chefs to a place of cognitive calm before preparing a meal. Similarly, when a building is intentionally designed, elements of a building can have a positive effect on the mental health and well-being of the occupants, according to research conducted by the International WELL Building Institute.
Addressing weaknesses laid bare by COVID-19, infrastructure projects are poised to drive world economies back to pre-pandemic positions with a simple mantra to build back better. As global design firms restructure operations, projects also are being reconfigured to fit a continental shift in client priorities.
Owners frequently call in professional services firms to streamline projects to completion and keep a pulse on the market. Lately, firms agree, that pulse is racing. Projects shelved last year are quickly rebooting while newer, more complex construction programs fill pipelines, driving many owners to seek support beyond their usual teams to manage the volume.
Revenue for construction management-at-risk and design-build delivery reached all-time highs before the pandemic plagued the market. But this year’s company rankings tell a more complicated story about alternative project delivery during a crisis.