2023 ENR Program Management Firms
2023 ENR Program Management Firms
35
The Top 20 Firms in Combined Industry Revenue p. 35 // Revenue by Owner Type p. 35 // The Top 50 Program Management Firms p. 36
The Top 50 CM-for-Fee Management Firms p. 37 // The Top 100 CM-for-Fee/Program Management Firms p. 38
NUMBER 35 FIRM
manager on Boston University's
$288-million Center for Comput-
ing and Data Sciences, the largest
carbon-neutral building in Boston.
PHOTOBYTOMARBAN, COURTESYOFTHEVERTEXCOS.
2016 2022
2015 2020 2021
$6.78 2018 2019 $7.02
2014 $6.04 $6.00 $6.37
2017 $5.58 $5.55
$5.08
$4.40
SOURCE: ENR
looming period of uncertainty. To meet owner de- 19 SNC-LAVALIN GROUP, Tampa, Fla. $1,002.9 $496.8 $1,499.6
20 TRC COS. INC., Windsor, Conn. $1,227.6 $- $1,227.6
mands and build the capacity of their services, top
firms say they are reconfiguring operations to rescope
how they use employees and productivity resources.
The Top 20 Firms in
Balancing Supply and Demand
Material price increases, volatile supply chains and cost
Combined Industry Revenue
2022 REVENUE IN $ MIL.
of living and labor shortages are all challenges stem- RANK CONTRACTING DESIGN CM/PM-FOR- TOTAL
2023 FIRM REVENUE REVENUE FEE REVENUE REVENUE
ming from supply and demand that professional ser- 1 THE TURNER CORP., New York, N.Y. $16,256.3 $- $156.3 $16,412.6
vices firms are grappling with in their own way, says 2 BECHTEL, Reston, Va. $11,986.0 $1,047.0 $3,354.0 $16,387.0
3 AECOM, Dallas, Texas $6,126.1 $8,115.1 $1,524.4 $15,765.5
4 JACOBS SOLUTIONS INC., Dallas, Texas $- $11,532.3 $3,328.3 $14,860.6
5 FLUOR, Irving, Texas $7,920.3 $4,510.6 $- $12,430.9
6 KIEWIT CORP., Omaha, Neb. $11,242.7 $1,095.9 $- $12,338.5
PERCENT SHARE OF TOTAL REVENUE
7 MASTEC INC., Coral Gables, Fla. $11,605.0 $- $- $11,605.0
BY OWNER TYPE 8 STO BUILDING GROUP, New York, N.Y. $10,390.0 $- $- $10,390.0
9 DPR CONSTRUCTION, Redwood City, Calif. $9,234.5 $3.0 $- $9,237.5
FEDERAL 10 THE WHITING-TURNER CONTR. CO., Baltimore, Md. $8,599.9 $- $24.5 $8,624.3
The Top 50 Program Gardiner & Theobald director Josh McCrow. Owners
Management Firms 2022 REVENUE IN $ MIL.
are leaving no stone unturned in seeking ways to save
costs,“from superstructure, MEP systems, cladding
RANK DOMESTIC INT’L TOTAL systems all the way through interior finishes and small
2023 FIRM REVENUE REVENUE REVENUE
For Cushman & Wakefield, growth has been sector The Top 50 Construction
specific, varying by clients, says Brian Ungles, project
and developmental services president. “We are hyper
Management Firms 2022 REVENUE IN $ MIL.
focused on the life sciences, health care and industrial/ RANK DOMESTIC INT’L TOTAL
2023 FIRM REVENUE REVENUE REVENUE
logistics sectors as well as the global outsourcing op- 1 BECHTEL, Reston, Va. 1,719.0 525.0 2,244.0
portunities.” 2 JLL, Chicago, Ill. 227.4 1,231.3 1,458.7
Ranked at No. 9 in PM and at No. 2 in CM, JLL 3 PARSONS CORP., Centreville, Va. 224.3 365.3 589.6
project and developmental services president Todd 4 THE LIRO GROUP, Syosset, N.Y. 502.0 0.0 502.0
Burns says the company has seen consistent growth in 5 COLLIERS INTERNATIONAL GROUP INC., Encino, Calif. 54.8 369.8 424.6
both private and public health care in the U.S. South- 6 WSP USA, New York, N.Y. 350.9 0.0 351.2
Central region, which is growing the firm’s market 7 ATLAS TECHNICAL CONSULTANTS, Austin, Texas 283.0 0.0 283.0
share in the area. The company has also seen growth 8 HILL INTERNATIONAL INC., Philadelphia, Pa. 104.0 159.7 263.8
in manufacturing sector and sustainability consulting 9 ARCADIS NORTH AMERICA, Highlands Ranch, Colo. 208.9 0.0 209.0
services. 10 THE TURNER CORP., New York, N.Y. 45.1 111.2 156.3
“With both of these, JLL is seeing more complex 11 TURNER & TOWNSEND, New York, N.Y. 147.2 0.0 147.2
assignments that need a higher level of rigor and ex- 12 STV, New York, N.Y. 142.6 0.0 142.6
pertise,” says Burns. “As our clients have become more 13 AECOM, Dallas, Texas 138.7 0.0 139.0
cautious about expansion of internal teams, we’ve seen 14 BLACK & VEATCH, Overland Park, Kan. 121.9 16.6 138.5
a return to outsourcing driving an increase in the use 15 GILBANE BUILDING CO., Providence, R.I. 110.1 20.2 130.3
of third-party project management.” 16 GARDINER & THEOBALD INC., New York, N.Y. 32.6 97.0 129.6
17 CUMMING, Seattle, Wash. 95.6 25.5 121.0
Changing Needs 18 MICHAEL BAKER INTERNATIONAL, Pittsburgh, Pa. 109.1 0.0 109.6
Despite a slight cooling of project starts brought on 19 FERROVIAL CONSTRUCTION US HOLDINGS CORP., Austin, Texas 101.0 0.0 101.0
20 HAZEN AND SAWYER, New York, N.Y. 93.2 0.0 93.2
by higher interest rates, “we continue to operate in a
21 GBA (GEORGE BUTLER ASSOCIATES), Lenexa, Kan. 91.3 0.0 91.3
highly competitive labor market,” says Cumming
22 SNC-LAVALIN GROUP, Tampa, Fla. 88.1 0.0 88.1
president and CEO Derek Hutchison. In addition to
23 CAROLLO ENGINEERS, Walnut Creek, Calif. 79.7 0.0 79.7
team member recruitment, development and reten-
24 KLEINFELDER, San Diego, Calif. 79.2 0.0 79.2
tion efforts being a priority, he says owners are driving
25 HUNTER ROBERTS CONSTRUCTION GROUP LLC, New York, N.Y. 79.0 0.0 79.0
operational changes based on needs such as a greater
26 THE VERTEX COS. INC., Weymouth, Mass. 76.3 1.5 77.8
focus on sustainability and environmental, social and
27 STANTEC INC., Irvine, Calif. 75.0 0.0 75.0
corporate governance (ESG) reporting policies.
28 MGAC, Washington, D.C. 60.0 15.0 75.0
“The questions today compared to two years ago 29 WALBRIDGE, Detroit, Mich. 72.6 0.0 72.6
focus on net zero carbon or net zero emissions and 30 WOOD PLC, Houston, Texas 72.6 0.0 72.6
operating businesses in terms of achieving established 31 PROJECT MANAGEMENT ADVISORS INC., Chicago, Ill. 67.1 1.0 68.1
climate goals,” says Hutchison. “With emergence of 32 M&J ENGINEERING, New Hyde Park, N.Y. 53.0 0.0 53.0
ESG reporting requirements domestically and globally, 33 KRAUS-ANDERSON, Minneapolis, Minn. 50.2 0.0 50.2
Cumming now advises our clients to develop ESG 34 MCDONOUGH BOLYARD PECK INC. (MBP), Fairfax, Va. 47.2 2.8 50.0
policies and compliance reporting [procedures]; and 35 BOWERS + KUBOTA CONSULTING INC., Waipahu, Hawaii 49.0 0.0 49.0
provides them with a portfolio of carbon reduction 36 SAVIN ENGINEERS PC, Pleasantville, N.Y. 48.8 0.0 48.8
options, including carbon offsets.” 37 VANIR CONSTRUCTION MANAGEMENT INC., Sacramento, Calif. 47.8 0.0 47.8
To identify decarbonization opportunities, own- 38 KITCHELL CORP., Phoenix, Ariz. 42.2 0.0 42.2
ers are best served working with EPC contractors 39 TECTONIC ENG’G CONSULT. GEOLOGISTS & SURVEYORS, Mountainville, N.Y. 41.3 0.0 41.3
from the outset, says Bechtel in a statement, “to iden- 40 INFRASTRUCTURE CONSULTING & ENGINEERING PLLC, West Columbia, S.C. 41.2 0.0 41.2
tify [and] simplify what is to be built, and then to 41 PSOMAS, Culver City, Calif. 40.2 0.0 40.2
eliminate the interfaces that cost money and slow 42 THE YATES COS. INC., Philadelphia, Miss. 38.1 0.0 38.1
down delivery.” 43 POWER ENGINEERS INC., Hailey, Idaho 38.1 0.0 38.1
On one hand, growing teams will increase labor 44 CORDOBA CORP., Los Angeles, Calif. 36.4 0.0 36.4
costs for projects. But firms need the extra hands to 45 BOSWELL ENGINEERING INC., South Hackensack, N.J. 36.3 0.0 36.3
amplify their capacity and be flexible in their manage- 46 OAC SERVICES INC., Seattle, Wash. 36.0 0.0 36.0
ment services, adds Gardiner & Theobald director Mc- 47 MWH, Broomfield, Colo. 34.8 0.0 34.8
Crow. “Making the absolute most of every opportunity 48 OTAK INC., Portland, Ore. 13.3 20.0 33.3
will be critical,” he says. ■ 49 EISMAN & RUSSO INC., Jacksonville, Fla. 32.2 0.0 32.2
By Emell Adolphus and Jonathan Keller 50 PROCON CONSULTING, Arlington, Va. 32.1 0.0 32.1