Photo Courtesy of Earthcam Holder Construction Co., in a joint venture with Hunt Construction Co., now a unit of AECOM, is CM on the $1.2-billion, retractable-roof football stadium for the NFL's Atlanta Falcons. Related Links: The Top 100 Project Delivery Firms (subscription required) Engineering News-Record Top Lists Design-Build Institute of America Design-Build Institute of America Best Practices Guides The recession is over, and many owners once again are being attracted to the benefits of alternative project delivery. Further, as legislative barriers are falling and public agencies are becoming more familiar with the process, alternative delivery is making inroads into markets
Photo Courtesy Bechtel Bechtel is in the process of completing the 758-MW Panda Temple II gas-fired powerplant, in Temple, Texas, a twin to Temple I. Temple II is scheduled to go on line later this year. Related Links: 2015 Top 400 Rankings, with Data and Analysis (subscription required) Stocks Boost CEO Compensation in Publicly Owned Companies The market for major contractors has been growing slowly but steadily for the past few years. However, this has not resulted in contractors abandoning the lessons learned during the aftermath of the economic meltdown, in 2008. If anything, owner expectations that construction is still
PHOTO COURTESY OF KBR Company will stay in floating LNG market. Related Links: Engineering News-Record Top Lists KBR Inc. When companies announce reorganizations, they often just rearrange existing operations and hope for the best.But when KBR (No. 12) brought in Stuart Bradie as CEO in June 2014, he immediately focused on the bottom line. Within six months, he proclaimed the total transformation of the firm’s business."We used to be in 16 business lines. We have narrowed it to three," says Graham Hill, executive vice president, who, like Bradie, previously worked for WorleyParsons. The three units will include technology and consulting,
For ENR's Top 500 Design Firms, 2014 was a tumultuous year. It was a year when some of the nation's largest firms became even larger through the continual consolidation that the design profession has undergone over the past decade.
ENR Execs see markets stable or growing, but possible moderation in 2017. Related Links: Engineering News-Record Construction Economics Construction Financial Management Association Sage Policy Group Inc. The construction market has been growing steadily for several years, slowly recovering from the depths of the 2008 recession. The good news is that most industry executives believe this trend will continue into 2015, but a majority polled by ENR also believe that growth will moderate by 2017.The ENR Construction Industry Confidence Index (CICI) survey for the fourth quarter shows that, of the 328 executives of large construction and design firms responding to the
McGraw-Hill Construction/ENR The Construction Industry Confidence Index rose for the sixth straight quarter, and industry executives believe the market will continue its steady growth through at least the beginning of 2016 Related Links: 2014 ENR Third Quarterly Cost Report (subscribers only) Engineering News-Record Quarterly Cost Reports Construction Financial Management Association Sage Policy Group The industry is now in a period of steady growth. While many firms are disappointed the recovery from the recession was not faster, most believe the current growth rate will continue at least through the beginning of 2016. But with the growth on the top line, many
Bouygues is completing construction of the 2,400-seat Philharmonie de Paris, designed by French architect Jean Nouvel. It features over 10,000 sq ft of photovoltaic panels and a rainwater recovery system.
Photo courtsy of HOK Designing the International School of Kuala Lumpur, HOK achieved a Malaysian Green Building Index Platinum rating amid the challenges of the tropics. Related Links: 2014 ENR Top 100 Green Design Firms full report Engineering News-Record Top Lists U.S. Green Building Council Green Building Initiative ASHRAE Standard 189.1 for Green Buildings International Green Construction Code The International WELL Building Institute The 2030 Challenge Green and sustainable design techniques are quickly becoming a mainstay in the construction industry. What might have been a pipe dream 15 years ago is now reality for architects and engineers. Although the U.S.
Related Links: The ENR 2nd Quarterly Cost Report (subscribers only) Construction Financial Management Association Sage Policy Group There is now a general consensus that the market has turned around and is growing. Now comes the tough part for construction firms: coping with an expanding market.The CICI measures executive sentiment about the current market and reflects the respondents' views on where it will be in the next three to six months and over a 12- to 18-month period. The index is based on responses to surveys sent out to more than 6,000 U.S. firms on ENR's lists of the leading contractors,