Design-Build Construction Put-in-Place Spending to Increase 18% by 2021

Design-build is anticipated to represent up to 44% of construction spending in the assessed segments by 2021

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FMI

New research from consulting firm Fails Management Institute (FMI) indicates design-build is quickly gaining traction. The June 2018 "Design-Build Utilization” report, indicates design-build (DB) methods will represent nearly half, or 44%, of construction put-in-place (CPiP) spending across many market segments by 2021. The report also showed design-build construction spending in the report's assessed segments is anticipated to grow 18% from 2018 to 2021 - reaching over $320 billion.

Design-build spending in manufacturing, highway/street and education represent the greatest percentage of design-build construction spending by segment over the 2018-2021 period. The Mountain (6.3%), Pacific (6.1%) and South Atlantic (6.2%) census divisions are anticipated to yield the highest growth rates over the 2018-2021 period.

(more results from the Design-Build Utilization report...)

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