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

| Oct 12, 2011

Bulley & Andrews celebrates 120 years of construction

The family-owned and operated general contractor attributes this significant milestone to the strong foundation built decades ago on honesty, integrity, and service in construction. 

| Oct 12, 2011

Consigli Construction breaks ground for Bigelow Laboratory Center for Ocean Health

  Consigli to build third phase of 64-acre Ocean Science and Education Campus, design by WBRC Architects , engineers in association with Perkins + Will

| Oct 11, 2011

AIA introduces five new documents for use on sustainable projects

These new documents will be available in the first quarter of 2012 as part of the new AIA Contract Documents service and AIA Documents on Demand.

| Oct 11, 2011

Pink light bulbs donated to Society of Memorial Sloan-Kettering Cancer Center

  For every Bulbrite Pink Light Bulb that is purchased through the Cancer Center Thrift Shop, 100% of the proceeds will be donated to help support breast cancer research, education, screening, and treatment. 

| Oct 11, 2011

ThyssenKrupp elevator cabs validated by UL Environment

The conclusive and independent third-party validation process is another step toward a green product line.

| Oct 11, 2011

Ballard Spahr launches real estate recovery group

  The new group represents an expansion of the company’s Distressed Real Estate Initiative, which was launched in 2008 to help clients throughout the country plan, adapt and prosper in a challenging economic environment. 

| Oct 11, 2011

Onex completes investment in JELD-WEN

With the completion of the JELD-WEN investment, Onex Partners III is approximately 40% invested.

| Oct 7, 2011

GREENBUILD 2011: Demand response partnership program announced at Greenbuild 2011

  Program will use USGBC’s newly revised LEED Demand Response credit as an implementation guideline and leverage its relationships with the building community to foster adoption and participation in existing utility and solution provider demand response offerings. 

| Oct 7, 2011

GREENBUILD 2011: Otis Elevator announces new contracts for sustainable building projects

  Wins reinforce Otis’ position as leader in energy-efficient products.

| Oct 7, 2011

GREENBUILD 2011: UL Environment releases industry-wide sustainability requirements for doors

  ASSA ABLOY Trio-E door is the first to be certified to these sustainability requirements.

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