JULY 2024CONSTRUCTIONBUSINESSREVIEW.COM6The US pre-construction services market is experiencing a surge in 2024, fueled by various factors. Increased government spending on infrastructure, mainly through initiatives like the Infrastructure Investment and Jobs Act, is pumping billions into transportation, energy, and broadband projects. This translates to a significant demand for pre-construction services like feasibility studies, planning, and permitting ­ all crucial groundwork before a single brick is laid.Furthermore, focusing on clean energy infrastructure creates fresh opportunities for pre-construction firms specializing in renewable energy projects. Tax credits and incentives offered by the Inflation Reduction Act further sweeten the deal for investors looking to tap into this burgeoning market segment.The positive outlook for the US pre-construction services market is not lost on foreign investors. The market's stability, combined with the potential for significant returns on infrastructure and clean energy projects, makes it a highly attractive destination for global capital. This potential for high returns, coupled with the market's stability, positions the US pre-construction services market for continued growth in 2024 and beyond, drawing not only domestic players but also international firms eager to be part of this exciting development.This edition, Pre-Construction Services 2024, features numerous firms blazing a trail in the US. One such firm is NAVIGATE Building Solutions, a consulting firm that provides project management solutions to public agencies and private owners seeking to build new or renovate existing facilities. It works as an extension of the owner's staff and assists them to limit their risks and maximize the value of their capital investment.It also includes invaluable insights from industry leaders like Jake Snyder, Director of Pre-construction, Hoar Construction and Antoine Morand, Group Health & Safety Director, Terre Armee. They discuss the challenges, prospects, and emerging trends in contemporary market. We hope that the valuable insights will help you make informed business decisions.Please let us know your thoughts.Pre-Construction Boom in the US: A Magnet for Global InvestorsEDITORIALCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsVisualizersRobert Gray SmithEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com JULY - 01 - 2024, Vol 04 Issue 13 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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