K-12 Schools Report
High schools, K-5 facilities lead the growth in K-12 sector
-- Building Design & Construction, 7/1/2008 12:00:00 AM
High schools led the growth in K-12 construction spending during the last year with peak enrollment now in the 10th grade. Middle school construction spending fell 15%.
Surprisingly, construction spending expanded for K-5 schools at about the 13% pace recorded in the high school market. This most likely reflected delayed replacement and upgrading and is not expected to continue with K-5 enrollment flattening in the next few years.
Overall, K-12 construction spending will increase 6% this year and in 2008, which is approximately the pace of project cost inflation. Funds available for K-12 construction are less generous than in 2004-07, but still about normal. Available funding will weaken further for more than a year as local property, corporate, and income tax revenue growth slows, possibly even declining slightly in mid-2008. Expect funding cutbacks in financially stressed Arizona, Florida, and Nevada, and possibly California.
Top 20 K-12 schools design firms
(2007 billings in $ millions)
| Company | Billings | |
| Source: 2008 Giants 300 survey Note: This ranking is based on firms that made the Giants 300 list. |
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| 1. | AECOM Technology Corp. | 141.45 |
| 2. | Heery International | 90.47 |
| 3. | URS Corp. | 60.00 |
| 4. | DLR Group | 45.40 |
| 5. | PBK | 42.16 |
| 6. | Jacobs Engineering Group | 39.35 |
| 7. | STV Group | 38.94 |
| 8. | NTD Architecture | 37.42 |
| 9. | Fanning/Howey Associates | 35.44 |
| 10. | HMC Architects | 27.26 |
| 11. | Thomas Group, The | 21.56 |
| 12. | Moseley Architects | 21.01 |
| 13. | Perkins+Will | 20.40 |
| 14. | CUH2A | 19.20 |
| 15. | Parsons Brinckerhoff | 16.44 |
| 16. | RS&H | 14.70 |
| 17. | Harvard Jolly | 13.37 |
| 18. | LPA | 12.42 |
| 19. | BRPH Cos. | 11.59 |
| 20. | Perkins Eastman | 11.22 |
Top 20 K-12 schools contractors
(2007 construction value put in place in $ millions)
| Company | Value put in place | |
| Source: 2008 Giants 300 survey Note: This ranking is based on firms that made the Giants 300 list. |
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| 1. | Gilbane Building Co. | 566.66 |
| 2. | Turner Corp., The | 282.01 |
| 3. | Hunt Construction Group | 260.00 |
| 4. | Adolfson & Peterson Construction | 228.48 |
| 5. | Heery International | 227.14 |
| 6. | McCarthy Holdings | 214.74 |
| 7. | Fusco | 210.38 |
| 8. | Structure Tone | 200.06 |
| 9. | Skanska USA Building | 200.00 |
| 10. | Kraus-Anderson Construction | 189.29 |
| 11. | Sundt Construction | 169.62 |
| 12. | CORE Construction Group | 168.22 |
| 13. | Barton Malow | 165.30 |
| 14. | PCL Construction Enterprises | 156.15 |
| 15. | Hensel Phelps Construction | 151.16 |
| 16. | C.W. Driver | 139.23 |
| 17. | Haskell Co., The | 135.85 |
| 18. | JE Dunn Construction Group | 131.76 |
| 19. | Hall Building Corp. | 123.42 |
| 20. | Suffolk Construction | 121.97 |
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