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

| Feb 23, 2012

Regulators investigating construction accident at World Trade Center

The New York Port Authority and the city’s fire and building departments are investigating an accident at the World Trade Center construction site in lower Manhattan after a crane dropped steel beams that fell about 40 stories onto the truck that delivered them.

| Feb 23, 2012

New Virginia statewide building code goes into effect March 1

After March 1, all building plans in Virginia must adhere to the 2009 code that was adopted a year ago.

| Feb 22, 2012

ACI BIM manual for cast-in-place concrete in development

The improved communication, coordination, and collaboration afforded by BIM implementation have already been shown to save time and money in projects.

| Feb 22, 2012

Siemens earns LEED certification for Maryland office

The Beltsville facility, which also earned the ENERGY STAR Label for energy performance, implemented a range of energy efficiency, water conservation and sustainable operations measures as part of the certification process.

| Feb 22, 2012

CISCO recognizes Gilbane for quality construction, design, and safety

The project employed more than 2,000 tradespeople for a total of 2.1 million hours worked – all without a single lost-time accident. 

| Feb 22, 2012

Perkins Eastman expands portfolio in China and Vietnam

Recent awards, project progress signal ongoing commitment to region.

| Feb 22, 2012

Suffolk awarded Boston post office renovation project

Renovation of art deco landmark will add 21,000 square feet of retail and 110 new parking spaces.

| Feb 21, 2012

Top 10 trends in commercial lenders’ environmental due diligence

EDR offers free webinar on February 22, 2012 at 1 p.m.

| Feb 21, 2012

Three Goettsch leaders elevated to AIA College of Fellows

Honor recognizes significant contributions to architecture and society. 

| Feb 21, 2012

Skanska welcomes Morrison and Viviano to Atlanta office

Morrison will serve as a vice president and Viviano will serve as senior director of business development for Georgia.  

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