K-12 Schools Report

High schools, K-5 facilities lead the growth in K-12 sector
August 11, 2010

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.

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.

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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