flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Most top U.S. contractors rarely deliver projects on time: new study

Contractors

Most top U.S. contractors rarely deliver projects on time: new study

Struggles with supply chain disruptions, construction costs, and new sustainability requirements cause delays, according to a new study by XYZ Reality.


By Peter Fabris, Contributing Editor | June 26, 2023
Photo by Ricardo Gomez Angel on Unsplash
Photo by Ricardo Gomez Angel on Unsplash

About 63% of leading U.S. contractors are delivering projects out of schedule, according to a survey of over 300 C-suite executives and owners in the construction industry by XYZ Reality.

The study implies that the industry is struggling with significant backlogs due, in part, to avoidable defects, scan, and rework. The construction sector is also hampered by supply chain disruptions (cited by 52% of respondents), rising construction costs (43%), and meeting new sustainability requirements (36%).

Other reasons cited for falling short of schedule benchmarks include poor communication (45%), inexperienced workers (39%), and insufficient supervision (34%). This data suggests that a significant amount of human error is to blame, XYZ notes.

Design changes, or the misinterpretation of them, were also cited by about a quarter of respondents. To control costs and cope with industry challenges, contractors are increasingly looking to technology solutions such as augmented reality.

Related Stories

| May 11, 2012

VFA to acquire Altus Group's Capital Planning division

Strategic move strengthens VFA's facilities capital planning market osition in North America.

| May 11, 2012

Betz promoted to senior vice president for McCarthy’s San Diego Office

He will oversee client relations, estimating, office operations and personnel as well as integration of the company’s scheduling, safety and contracts departments.

| May 11, 2012

CRSI appoints Brace chairman

Stevens also elected to board of directors and vice-chair.

| May 11, 2012

Dempster named to AIA College of Fellows

Altoon Partners’ technical and construction services leader honored for his contributions.

| May 11, 2012

AIA launches education and training portal

New portal to host Contract Documents training, education resources in one convenient place.

| May 10, 2012

Chapter 7 When Modern Becomes Historic: Preserving the Modernist Building Envelope

This AIA CES Discovery course explores the special reconstruction questions posed by Modern-era buildings.

| May 10, 2012

Chapter 6 Energy Codes + Reconstructed Buildings: 2012 and Beyond

Our experts analyze the next generation of energy and green building codes and how they impact reconstruction.

| May 10, 2012

Chapter 5 LEED-EB and Green Globes CIEB: Rating Sustainable Reconstruction

Certification for existing buildings under these two rating programs has overtaken that for new construction.

| May 10, 2012

Chapter 4 Business Case for High-Performance Reconstructed Buildings

Five reconstruction projects in one city make a bottom-line case for reconstruction across the country.

| May 10, 2012

Chapter 3 How Building Technologies Contribute to Reconstruction Advances

Building Teams are employing a wide variety of components and systems in their reconstruction projects.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021