FMI Corporation 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 trillion in total construction spending over the next five years. The report gleaned a number of healthcare insights, including:
- Progressive Design-Build is gaining momentum, particularly for water/wastewater and healthcare projects, offering flexibility and fostering innovation while maintaining cost predictability
- Legal and regulatory barriers in some regions (e.g., Iowa or North Dakota) restrict the use of Design-Build, or limit its application to specific sectors, such as healthcare or transportation
In addition, a significant portion of survey respondents indicated Design-Build is effective in facilitating the use of prefabrication, with over 80% of participants rating it as moderately well or better. Healthcare projects lead in the adoption of Design-Build use on prefabrication projects, and manufacturing and industrial projects follow closely.
The full report can be downloaded at https://store.dbia.org/product/2024-fmi-design-build-utilization-study/.
