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

| Mar 1, 2012

Eidco Construction bolsters Chicago office

Eldco hires Peterson and Vivoda as senior project managers.

| Mar 1, 2012

Reconstruction of L.A.’s Dunbar Hotel underway

Withee Malcolm Architects’ designs for the project include the complete renovation of the Dunbar Hotel and the Somerville Apartments I and II.

| Feb 29, 2012

C.W. Driver opens new office, appoints Castillo regional SVP

Castillo will oversee projects with new and existing clients in northern California within the areas of education, healthcare/biomedical, public sector, military contracting, entertainment, retail, corporate and hospitality.

| Feb 29, 2012

Report says BIPV glass market to reach $6.4 billion by 2016

The report analyzes the opportunities for BIPV glass products using c-Si, thin-film and OPV/DSC materials and provides eight-year forecasts in terms of MW and square footage shipped as well as forecasts of revenue generated.

| Feb 29, 2012

Construction begins on Keller Army Community Hospital addition

The 51,000 square foot addition will become the home for optometry, ophthalmology, physical therapy, and orthopedics clinics, as well as provide TRICARE office space.

| Feb 29, 2012

Carvalho appointed Shawmut Safety Director

He has been a driving force behind multiple safety-orientated initiatives at Shawmut, including Safety Week, the creation of an online safety manual, and the implementation of a new safety reporting and tracking system. 

| Feb 29, 2012

Shepley Bulfinch selected to design new Children’s Hospital of Buffalo

The firm was selected because of their past experience in designing clinically complex facilities that emphasize patient- and family-centered care and operational efficiency as well as distinctive architectural forms for many other children's and women's hospitals.

| Feb 28, 2012

Roofing contractors recognized for workmanship

Sika Sarnafil announces Project of the Year winners; competition highlights visually stunning, energy efficient, and sustainable roofs.

| Feb 28, 2012

Waste Management awards companies for sustainable construction

This recognition, highlighting sustainable performances within the construction industry, looks to celebrate the builders who achieved important sustainability milestones in 2011, as determined by Waste Management’s online Diversion and Recycling Tracking Tool.

| Feb 28, 2012

Salem State University Library & Learning Commons topped off

When it opens to students in the fall of 2013, the $60 million facility will offer new archival space; circulation and reference areas; collections; reading spaces; study rooms; instruction labs and a Dean’s suite. 

boombox1
boombox2
native1

More In Category

Great Solutions

41 Great Solutions for architects, engineers, and contractors

AI ChatBots, ambient computing, floating MRIs, low-carbon cement, sunshine on demand, next-generation top-down construction. These and 35 other innovations make up our 2024 Great Solutions Report, which highlights fresh ideas and innovations from leading architecture, engineering, and construction firms.




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