FMI Corporation recently released an updated 2024 Design-Build Utilization Study projecting Design-Build will account for over 47% of U.S. construction spending by 2028, surpassing $1.1 trillion in total construction spending over the next five years. The findings emphasize the critical importance of skilled owner advisors in navigating complex projects and ensuring effective communication across teams. The study highlights the growing need to engage underutilized business enterprises to address scalability challenges and promote meaningful participation in Design-Build project delivery. The study also reveals how Design-Build’s early collaboration, innovative approaches and integration of UBEs provide unique opportunities to address supply chain challenges … Read more