FMI survey confirms growing design-build delivery method uptake

Leading construction management and merger & acquisition consultant FMI Corp. projects the design-build delivery method accounting for 47 percent of construction spending by 2028, surpassing $1.1 trillion in total outlays over the next five years. Prepared for the Design-Build Institute of America (DBIA) in Washington, D.C., the FMI 2024 Design-Build Utilization Study spotlights these factors impacting architectural/engineering/construction stakeholders in the…

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Study confirms sustained growth for design-build project delivery

Source: Design-Build Institute of America, Washington, D.C.  Leading construction management and merger & acquisition consultant FMI Corp. projects the design-build delivery method accounting for 47 percent of construction spending by 2028, surpassing $1.1 trillion in total outlays over the next five years. Prepared for the Design-Build Institute of America (DBIA), the FMI 2024 Design-Build Utilization Study spotlights these factors impacting…

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Engineers’ positive market projections inch upward

The American Council of Engineering Companies’ newest Engineering Business Sentiment report shows engineering firm executives have an extremely positive outlook on their firms’ financial standing (+86), the industry (+83), and the U.S. economy (+39). Optimism about the U.S. economy, specifically, has increased four points from last quarter and is up 54 points from its low of -15 in Q3 2022.…

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UL Verified Healthy Building Program raises indoor environmental quality

UL Solutions’ new Verified Healthy Building Mark for New Construction empowers industry professionals and their clients to differentiate new construction projects and support the health and wellness of future occupants. The verification service is available for various new construction, redevelopment or tenant improvement projects, including commercial, industrial and multi-family residential buildings. “People are becoming more aware of how indoor air,…

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Design-Build Institute stresses collaboration, procurement to project execution 

Source: Design-Build Institute of America, Washington, D.C.  The Design-Build Institute of America’s updated Design Excellence Position Statement emphasizes collaboration between design and construction professionals through all project delivery stages, from procurement and development through execution. Understanding the design community’s changing needs, the statement introduces five lenses to help provide a framework for evaluating design excellence: • Integration & Collaborative Process. Emphasizing…

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Institute revises Federal Acquisition Regulation, Design-Build references

The Design-Build Institute of America has updated its Design-Build Done Right Federal Sector Best Practices, offering a comprehensive guide for teams navigating the intricacies of federal project delivery. Understanding the Federal Acquisition Regulation (FAR) and adhering to the right practices can be the key to a successful design-build project, DBIA contends, and the revised Best Practices document provides such guidance.…

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Design-Build Institute revisits project benchmark reference

Sources: Design-Build Institute of America, Washington, D.C.; CP staff The new Design-Build Institute of America Project Delivery Primer provides owners information regarding contract structure and terms. Authors combine two previous DBIA resources, What is Design-Build? and Choosing a Project Delivery Method, to reflect changes in building and infrastructure work, chiefly the growth of design-build and decline of the traditional design/bid/build…

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FMI report: Design-build method nears half of nonresidential construction spending

Sources: Design-Build Institute of America, Washington, D.C.; CP staff FMI Consulting forecasts continued growth of design-build project delivery over the next three years, despite recent industry challenges and market volatility. Researchers behind the FMI Design-Build Institute of America Mid-Cycle Update Report assess construction spending across four U.S. Census Bureau regions in respective building and nonbuilding segments: manufacturing, commercial, educational, office…

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FMI research traces continued growth for design-build delivery

Source: Design-Build Institute of America, Washington, D.C. When they first looked at design-build utilization in 2018, researchers at North Carolina-based management consultant FMI confirmed what many in the industry knew first-hand: the project delivery was beyond an “alternative process.” The firm’s new market analysis, forecasting 2021-2025 project activity and prepared for the Design-Build Institute of America (DBIA), underscores the initial…

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FMI study traces design-build trajectory in buildings, infrastructure

Sources: Design-Build Institute of America, Washington, D.C.

Design-build is the fastest growing and most popular method of delivering nonresidential and non-building projects, according to “Design-Build Utilization: Combined Market Study,” prepared by construction-wise management consultant and merger & acquisition specialist FMI and posted here.

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