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Firms find success in tough market.

Source :
ENR: Engineering News-Record. 12/16/2019, Vol. 283 Issue 14, p78-82. 5p.
Publication Year :
2019

Abstract

The article discusses international design firms and contractors are creating a severe buyer's market. It mentions that construction companies are worrying that their clients are becoming more aggressive in their demands and attitudes toward project risk allocation. It also mentions that companies like Fluor, Granite Construction and SNC-Lavalin have announced that they are leaving fixed-price, turnkey markets after experiencing major losses.

Details

Language :
English
ISSN :
08919526
Volume :
283
Issue :
14
Database :
Academic Search Index
Journal :
ENR: Engineering News-Record
Publication Type :
Periodical
Accession number :
140388219