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

| Dec 19, 2011

Davis Construction breaks ground on new NIAID property

The new offices will total 490,998 square feet in a 10-story building with two wings of 25,000 square feet each. 

| Dec 19, 2011

Survey: Job growth driving demand for office and industrial real estate in Southern California

Annual USC Lusk Center for Real Estate forecast reveals signs of slow market recovery.

| Dec 16, 2011

Goody Clancy-designed Informatics Building dedicated at Northern Kentucky University

The sustainable building solution, built for approximately $255-sf, features innovative materials and intelligent building systems that align with the mission of integration and collaboration. 

| Dec 16, 2011

Stalco Construction converts Babylon, N.Y. Town Hall into history museum

The project converted the landmark structure listed on the National Register of Historic Places into the Town of Babylon History Museum at Old Town Hall.

| Dec 14, 2011

Belfer Research Building tops out in New York

Hundreds of construction trades people celebrate reaching the top of concrete structure for facility that will accelerate treatments and cures at world-renowned institution.

| Dec 14, 2011

Tyler Junior College and Sika Sarnafil team up to save energy

Tyler Junior College wanted a roofing system that wouldn’t need any attention for a long time.

| Dec 13, 2011

Lutron’s Commercial Experience Center awarded LEED Gold

LEED certification of the Lutron facility was based on a number of green design and construction features that positively impact the project itself and the broader community. These features include: optimization of energy performance through the use of lighting power, lighting controls and HVAC, plus the use of daylight.

| Dec 12, 2011

AIA Chicago announces Skidmore, Owings & Merrill as 2011 Firm of the Year

SOM has been a leader in the research and development of specialized technologies, new processes and innovative ideas, many of which have had a palpable and lasting impact on the design profession and the physical environment. 

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