In comments about the market’s most pressing challenges, Top 600 Specialty Contractors are widely optimistic that the worst of pandemic-induced delays are done—buttressed by another year of double-digit revenue growth for listed firms.
Energy and resilience megaprojects starting and planned in New York and New Jersey pose big logistical challenges but will generate economic and quality of life benefits, said public and private industry experts at Sept. 15 ENR forum in New York City.
Green building revenue jumped in 2022 with more projects seeking third-party sustainability certifications. Federal spending and new carbon-cutting standards helped advance climate-friendly design, but Top 100 Green Design and Contracting firms say greater isn’t always greener when it comes to environmental impact.
Lock and bridge reconstruction is a key component in a $1.4-billion master plan to secure the city’s major drinking water source, Improve mobility and reduce flood risks.
Lock and Bridge reconstruction is a key component in a $1.4-billion master plan to secure the city’s major drinking water source, improve mobility and reduce flood risks.
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.