The traditional Design-Bid-Build delivery process is under considerable stress this year as materials shortages and cost spikes are upending usual practices, according to a new report from JLL.
Delays are “pretty much universal,” a JLL executive says. “Volatility around materials is hitting developer’s wallets at a higher rate than initially anticipated earlier this year,” according to the report.
Customarily, materials purchasing was the last step in the process, but building teams have had to adjust to the new environment by purchasing much sooner. Project managers are involved early in the design phase, and once they have a general idea of specs, they place orders for materials.
Having a cohesive team of designers, architects, contractors, and market researchers is more critical than ever for project success—even on smaller projects. Such an assemblage working in concert can account for fluctuating materials costs and establish realistic timelines to execute the project while minimizing costs and maximizing efficiency.
Related Stories
Giants 400 | Feb 8, 2024
Top 10 Telecommunications Building Construction Firms for 2023
AECOM, LeChase Construction Services, Robins & Morton, and Salas O'Brien top BD+C's ranking of the nation's largest telecommunications building general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 20 Integrated Project Delivery (IPD) Construction Firms for 2023
Barton Malow, DPR Construction, Hensel Phelps, and Whiting-Turner top BD+C's ranking of the nation's largest integrated project delivery (IPD) construction firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 90 Design-Build Construction Firms for 2023
Hensel Phelps, Ryan Companies US, Gray Construction, Haskell, and Burns & McDonnell top BD+C's ranking of the nation's largest design-build construction firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 20 Public Library Construction Firms for 2023
Gilbane Building Company, Skanska USA, Manhattan Construction, McCownGordon Construction, and C.W. Driver Companies top BD+C's ranking of the nation's largest public library general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 30 Public Library Engineering Firms for 2023
KPFF Consulting Engineers, Tetra Tech High Performance Buildings Group, Thornton Tomasetti, WSP, and Dewberry top BD+C's ranking of the nation's largest public library engineering and engineering/architecture (EA) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 35 Performing Arts Center and Concert Venue Construction Firms for 2023
The Whiting-Turner Contracting Company, Holder Construction, McCarthy Holdings, Clark Group, and Gilbane Building Company top BD+C's ranking of the nation's largest performing arts center and concert venue general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Feb 8, 2024
Top 40 Museum Construction Firms for 2023
Turner Construction, Clark Group, Bancroft Construction, STO Building Group, and Alberici-Flintco top BD+C's ranking of the nation's largest museum and gallery general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Market Data | Feb 7, 2024
New download: BD+C's February 2024 Market Intelligence Report
Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.
Giants 400 | Feb 6, 2024
Top 40 Religious Facility Construction Firms for 2023
Crossland Construction, Haskell, Big-D Construction, Whiting-Turner, and JE Dunn Construction top BD+C's ranking of the nation's largest religious facility general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.
Giants 400 | Feb 5, 2024
Top 40 Entertainment Center, Cineplex, and Theme Park Construction Firms for 2023
ARCO Construction, Turner Construction, Whiting-Turner, PCL Construction Enterprises, and Balfour Beatty US top BD+C's ranking of the nation's largest entertainment center, cineplex, and theme park general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.