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The United States construction industry is a major economic driver, employing over 10 million people and contributing over $1.5 trillion to the GDP annually. The market is expected to grow at a CAGR of 4.0% from 2023 to 2028, reaching a projected value of $2.3 trillion by 2028.
United States Building Government Procurement
The U.S. government is a significant player in the construction industry, spending over $500 billion on construction projects each year. This spending accounts for approximately 10% of total construction output. Federal government procurement is driven by a variety of factors, including infrastructure needs, military spending, and environmental regulations.
The U.S. government, like the UK, procures a vast array of building products and services for various infrastructure needs. They require construction services for new construction, renovation, maintenance, and repairs. Building materials like timber, concrete, steel, bricks, and other essential components are necessary. MEP services for installing and maintaining heating, ventilation, air conditioning, electrical, and plumbing systems are crucial. Professional services like architectural design, engineering, project management, and quantity surveying are also in high demand.
Several government agencies oversee building procurement in the United States, including:
U.S. General Services Administration (GSA): The federal government's primary procurement agency
Department of Defense (DoD): The largest construction contracting agency in the world
Department of Veterans Affairs (VA): Responsible for constructing and maintaining veterans' facilities
Department of Homeland Security (DHS): Responsible for constructing and maintaining border security facilities
Leading companies involved in U.S. building procurement include:
Bechtel Corporation: A global engineering, procurement, and construction (EPC) company with a strong presence in the United States
Turner Construction Company: A U.S.-based construction company with a diverse portfolio of projects
Jacobs Engineering Group: A global engineering and technical services company with a significant U.S. presence
Fluor Corporation: A multinational engineering and construction company with a strong U.S. presence
AECOM: A global provider of professional services, including engineering, design, consulting, and management.
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