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

| Nov 1, 2011

Holcim awards winners for North America announced

A socio-architectural project to create regional food-gathering nodes and a logistics network in Canada's high arctic territory won the top prize for North America of $100,000.

| Oct 27, 2011

iProspect selects VLK Architects for new office design

Company growth prompted iProspect to make the decision to move to a new space.

| Oct 26, 2011

Metl-Span selected for re-roof project

School remained in session during the renovation and it was important to minimize the disruption as much as possible.

| Oct 26, 2011

Shawmut Design and Construction awarded Tag Heuer build in Aventura, Fla.

New store features 1,200 sf fit out at Aventura Mall.

| Oct 25, 2011

HKS Science & Technology practice formed

Specializing in the planning and design of highly technical building types, HKS’s Science & Technology practice offers the broadest range of services available to the academic and biomedical research, biotechnology, pharmaceutical and medical device community, including laboratory programming, planning and design, strategic science planning and laboratory equipment planning.

| Oct 25, 2011

Universal teams up with Earthbound Corp. to provide streamlined commercial framing solutions

The primary market for the Intact Structural Frame is light commercial buildings that are typically designed with concrete masonry walls, steel joists and steel decks.

| Oct 25, 2011

Ritner Steel CEO elected to AISC Board

Freund will begin serving on the AISC board of directors, assisting with the organization's planning and leadership in the steel construction industry.

| Oct 25, 2011

Commitment to green building practices pays off

The study, conducted by the Pacific Northwest National Laboratory, built on a good indication of the potential for increased productivity and performance pilot research completed two years ago, with similarly impressive results.

| Oct 25, 2011

DOE issues report on financing solar photovoltaic systems for K-12 schools

The report examines the two primary types of ownership models used to obtain solar installations. This analysis can help school administrators across the country select the best option for deploying solar technologies in their school districts.

| Oct 25, 2011

MKK participates in BSA Engineering Merit Badge day

MKK principal Craig Watts attended the event as a representative of the MEP (mechanical/electrical/plumbing) engineering industry to give scouts an idea of what’s involved in becoming a mechanical engineer, and an overview of a typical day in the life of an engineer.

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