A complex market yields competitive solutions, according to comments from this year’s ENR Top 250 International Contractors. Amid intensifying geopolitical instability, supply chain disruptions, shifting construction costs and weather-related schedule delays amplified by climate change, contractors say proactive risk mitigation is keeping many projects in play—as evidenced by a 9.7% rise in total revenue for Top 250 companies last year, from $501.2 to $550.6 billion. Yet as economic uncertainty puts profitability of some projects under increased pressure, contractors say strengthening local relationships is more important now than ever.

Reprinted courtesy of Emell D. Adolphus, ENR and Jonathan Keller, ENR

Mr. Adolphus may be contacted at adolphuse@enr.com
Mr. Keller may be contacted at kellerj@enr.com