The traditional Design-Bid-Build delivery process is under considerable stress this year as materials shortages and cost spikes are upending usual practices, according to a new report from JLL.
Delays are “pretty much universal,” a JLL executive says. “Volatility around materials is hitting developer’s wallets at a higher rate than initially anticipated earlier this year,” according to the report.
Customarily, materials purchasing was the last step in the process, but building teams have had to adjust to the new environment by purchasing much sooner. Project managers are involved early in the design phase, and once they have a general idea of specs, they place orders for materials.
Having a cohesive team of designers, architects, contractors, and market researchers is more critical than ever for project success—even on smaller projects. Such an assemblage working in concert can account for fluctuating materials costs and establish realistic timelines to execute the project while minimizing costs and maximizing efficiency.
Related Stories
Contractors | Jun 26, 2019
Katerra launches apprenticeship program to help develop the future of construction
The program offers nationally recognized, portable construction trade credentials.
Building Tech | Jun 26, 2019
Modular construction can deliver projects 50% faster
Modular construction can deliver projects 20% to 50% faster than traditional methods and drastically reshape how buildings are delivered, according to a new report from McKinsey & Co.
Contractors | Jun 15, 2019
Turner tops off new classroom space at Middle Tennessee State University
The building includes a “command center” for training students to interact with emergency personnel.
Contractors | May 24, 2019
Two versions of a hard hat for the future are ready for production
Clayco worked with a Georgia college to design a hard hat with greater comfort and adaptability.
Contractors | May 20, 2019
SoCal’s oldest GC bounds into second century
C.W. Driver succeeds by sticking to core markets and practices.
Codes and Standards | Apr 25, 2019
Report: Contractors invest $1.6 billion in workforce development annually
ABC members increased training spending 45% from 2013, according to a new report.
Resiliency | Apr 22, 2019
Turner Construction doubles down on jobsite efficiency
The company targets a 50% cut in greenhouse gas emissions and water use from construction activities by 2030.
Building Tech | Apr 19, 2019
Skender, Z Modular reach agreement to fabricate multifamily housing components
Factory to open soon on the southwest side of Chicago.
Contractors | Apr 15, 2019
Do you have a fear of getting 'Uber'd'? Join the club
Exacerbating the AEC talent shortage is the coming mass exodus of baby boomers as they reach retirement age.
Contractors | Apr 15, 2019
Suffolk launches Smart Lab in Los Angeles
The lab will identify, test, and scale new technologies to help advance the construction industry.