The design-build team of Clark Construction Group and SmithGroup + HKS Joint Venture broke ground in August on the El Paso VA Health Care Center at Fort Bliss, Texas.
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.
With projects facing rising material costs, crunched schedules and labor shortages, project delivery firms say owners are finding themselves at a fork in the road when it comes to design-bid-build versus alternative delivery models.
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.
The agency also announced Oct. 21 details of its new design-build program, a departure from the traditional low-bid contracting method it was required to use historically