RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BIRD’s view of the business IMO- there is going to be a lot of the pie to go around for so many consulting / engineering and general contractors. This climate change is destroying mother natures beautiful work that has been around for so many years. No idea if these worldwide weather issues are man made and we are destroying ourselves or is it something else beyond our control. It's really sad to see and witness.
The only good part to the tragedies we are witnessing the world over (ie. tornadoes, sunamies, wars, floods, bridges collapsing, overpopulation, going clean energy, working more efficiently and living in more eco friendly cities and countries, less reliant on coal / oil and more on clean burning fuels, nuclear, just to name a few of the many transformational events happening today) the world is going to need a "HUGE" influx of professional engineering and construction know how and expertise to meet the future demands.
Construction is in a dire crises mode right now because many of the baby boomers are already retiring and there is not enough skilled trades coming into this field in Canada alone. There is a major recruitment happening to bring unskilled labour to Canada to help bridge that gap. It's a "train on the go" imo. No other choice when times get tough.
Which means Engineering and Construction firms will be able to up their bid proposals as governments no longer have the upper hand to control the process or to delegate the risks to general contractors or sub trades like they did in the past. Contractors have lost a lot of money on these one sided P3 (public private partnership
deals) in the past and are no longer taking on these projects with these conditions. I don't blame them. The projects are only good in order to keep a good chunk of your workforce in your company employed. They carry too much risk and usually lead to fee writedowns. Not worth the BS imo.
Contractors are getting much smarter today and will refuse to take on this gamble that is so one sided. Remember that contractors have to report to their shareholders and are under the gun to deliver profitable and solid earnings.
"Collaborative projects" as Gabriel stated is the new norm imo. Bodes well for us all.
We will ALL prosper in this space imo. Our best years in this space are only starting.
Ron