New research by FMI shows that nearly half of non-residential construction projects are being delivered by the design-build method.
Design-build is the fastest growing and most popular method to deliver nonresidential, highway/street, and water/wastewater construction projects in America. Among the key findings of the new research are:
— Design-build is anticipated to account for 44% of construction spending in the assessed segments (nonresidential, highway/street and water/wastewater) delivering $1.2 trillion in construction put in place by 2021.
— Design-build spending is anticipated to grow 18% overall, with the highway/street and water/wastewater sectors seeing 30% growth by 2021.
— Design-build spending in Manufacturing (16%), Highway/Street (14%), and Educational (15%) represent the greatest percentage of design-build construction spending by segment from 2018-2021.
— Experience with design-build was rated highest across all project delivery methods, with 76% of survey respondents reporting very good and excellent experiences.
— Opportunities to innovate and the ability to fast track a project were identified as top benefits associated with design-build.
Related Stories
Codes and Standards | Sep 13, 2019
At least 30 U.S. cities have adopted stricter building energy codes since 2017
Some followed their states in implementing more robust standards.
Codes and Standards | Sep 12, 2019
Illinois law sets maximum retainage on private projects
The change is expected to give contractors bigger checks earlier in project timeline.
Codes and Standards | Sep 10, 2019
Retreat may be the best option for some coastal communities in face of sea level rise
A new study makes the case for relocating in a "strategic, managed" manner.
Codes and Standards | Sep 9, 2019
Free app calculates maximum allowable heights and areas for buildings
A free app that calculates the maximum allowable heights and areas for buildings of various occupancy classifications and types of construction has been released.
Codes and Standards | Sep 6, 2019
Standard for assessing frame deflection using one component polyurethane foams updated
The standard offers guidance when installing fenestration products.
Codes and Standards | Aug 29, 2019
The high cost of gridlock: $166 billion per year
Growing economy means more jobs, more cars, more hours stuck in traffic.
Codes and Standards | Aug 29, 2019
Industry leaders ask for government help as trades shortage worsens
AGC asks for more funding for education and increased immigration to fill gaps.
Codes and Standards | Aug 29, 2019
Code-conforming wood design guide available
The guide summarizes provisions for the use of wood and wood products in the 2018 IBC.
Codes and Standards | Aug 29, 2019
LEED residential market up 19% since 2017
The U.S. Green Building Council says that the LEED residential market has grown 19% since 2017. Nearly 500,000 single family, multifamily, and affordable housing units have been certified globally.
Codes and Standards | Aug 27, 2019
Slower speed limits in urban areas offer multiple benefits
Improved safety, better adoption of electric scooters and autonomous vehicles are possible if drivers ease off the accelerator.
