flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Most top U.S. contractors rarely deliver projects on time: new study

Contractors

Most top U.S. contractors rarely deliver projects on time: new study

Struggles with supply chain disruptions, construction costs, and new sustainability requirements cause delays, according to a new study by XYZ Reality.


By Peter Fabris, Contributing Editor | June 26, 2023
Photo by Ricardo Gomez Angel on Unsplash
Photo by Ricardo Gomez Angel on Unsplash

About 63% of leading U.S. contractors are delivering projects out of schedule, according to a survey of over 300 C-suite executives and owners in the construction industry by XYZ Reality.

The study implies that the industry is struggling with significant backlogs due, in part, to avoidable defects, scan, and rework. The construction sector is also hampered by supply chain disruptions (cited by 52% of respondents), rising construction costs (43%), and meeting new sustainability requirements (36%).

Other reasons cited for falling short of schedule benchmarks include poor communication (45%), inexperienced workers (39%), and insufficient supervision (34%). This data suggests that a significant amount of human error is to blame, XYZ notes.

Design changes, or the misinterpretation of them, were also cited by about a quarter of respondents. To control costs and cope with industry challenges, contractors are increasingly looking to technology solutions such as augmented reality.

Related Stories

Justice Facilities | Mar 5, 2015

New courthouse blossoms into a civic space for one California town

The building's canopy suggests classical courthouse features of front porch and portico. It also helps connect the building with a public plaza that has re-centered civic activity and public gathering for the town.

Justice Facilities | Mar 5, 2015

State of the state: How state governments are funding construction projects

State budget shortfalls are making new construction and renovation projects a tough sell, leading lawmakers to seek alternative funding for these jobs.  

Museums | Mar 5, 2015

A giant, silver loop in Dubai will house the Museum of the Future

The Sheikh of Dubai hopes the $136 million museum will serve as an incubator for ideas and real designs—a global destination for inventors and entrepreneurs.

Codes and Standards | Mar 5, 2015

Charlotte, N.C., considers rule for gender-neutral public bathrooms

A few other cities, including Philadelphia, Austin, Texas, and Washington D.C., already have gender-neutral bathroom regulations.

Codes and Standards | Mar 5, 2015

FEMA cuts off funding to Indiana after Kokomo continues building stadium in flood zone

FEMA will withhold funding on $5.5 million worth of projects such as building tornado safe rooms in schools.

Codes and Standards | Mar 5, 2015

Construction problems at prison spur support to quash non-traditional project delivery in Iowa

Iowa lawmakers are investigating construction problems at the Fort Madison prison project and are scrutinizing rules regarding project delivery on state projects.

Reconstruction & Renovation | Mar 5, 2015

Chicago's 7 most endangered properties

Preservation Chicago released its annual list of historic buildings that are at risk of being demolished or falling into decay.

Office Buildings | Mar 5, 2015

Goettsch Partners unveils plans for dual office towers in Warsaw

The Mennica Legacy Tower development is divided into a 35-story tower located on the south east side of the site and a 10-story building on the west side.

Hotel Facilities | Mar 4, 2015

Hotel construction pipeline reaches six-year high

After a three-year bottoming formation, the pipeline for hotel construction has posted five consecutive quarters of double-digit year-over-year growth.

High-rise Construction | Mar 4, 2015

Must see: Egypt planning 656-foot pyramid skyscraper in Cairo

Zayed Crystal Spark Tower will stand 200 meters tall and will be just a short distance from the pyramids of Giza. 

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021