PROJECT DELIVERY TRENDS IN THE WATER AND WASTEWATER MARKET
Abstract:As we enter the new millennium, we move into an open global market economy. Innovative project delivery methods such as Privatization, Design/Build, and At-Risk Construction Management, are becoming common in the construction industry. The US water/wastewater construction market is reacting to trends of the 1990's by reinventing itself, and emerging on the cutting edge of alternative project delivery. An outlook into the new millennium indicates trends such as: (a) A paradigm shift in the project delivery methods, (b) more emphasis on “value” in construction goods and services, (c) Re-focus on project life cycle costs (LCC) and related services, (d) Construction marketplace is becoming a “Service” oriented, rather than a “commodity” oriented, (e) Greater specialization and niche marketing, (f) Increased global and local competition, (g) Increase in mergers and acquisitions, and (h) more privatization.
Document Type: Research Article
Publication date: January 1, 2003
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