Considering the importance of roadway and water infrastructure in the USA’s daily lives and economy, the federal government invests billions of dollars annually. The largest construction contracting firms are in charge of most public works. For instance, the construction of roads, airport terminals, bridges, and public buildings. Are you also planning to get a construction contract this year? If so, target the best from these top 7 government contractors in 2023.
Bechtel Group Inc.
Bechtel Group Inc., a household name among construction businesses, is a multinational purchasing, construction, engineering, and project management company. It was founded in 1898. This construction company is headquartered in Reston, Virginia. It provides various services in industries such as energy, transport, civil infrastructure, power, mining, and, most notably, federal contracts.
Bechtel Group Inc. is one of the five construction firms the U.S. Navy chose to work on constructing the new dry docks and shipyard infrastructure at Pearl Harbor and Puget Sound. This $8 billion contract also tasks the construction company to establish additional facilities in other locations, such as Guam and the Indian Ocean.
It is an international construction company that is based in North America. Established in 1902, Turner Construction is a subsidiary of the Hochtief Company. This company was the largest construction contractor in the USA. If you are a civil contractor aiming to gain a contract from this company – ensure you know the roles and responsibilities of civil contractors in the construction business.
It serves major market segments like green building, aviation, commercial, sports, pharmaceuticals, and pharmaceuticals. Turner Construction has worked in more than 60 countries. These countries are known to have some of the toughest construction sites.
For instance, Burj Khalifa, Yankee Stadium, Madison Square Garden, etc. In March 2022, this company was awarded a ceiling contract of $300 million. It was asked to provide mechanical, controls, design-build, and electrical projects for military ground testing facilities.
Fluor Corporation is a multinational construction, procurement, and engineering firm. The company distinguishes itself by offering comprehensive solutions that increase investment while completing projects on time and within budget.
Fluor services clients in various industries. For instance, hydrocarbons, petroleum products, power transmission, mining, and metals. Fluor Corporation was started in 1912, when John Simon Fluor, Sr traveled to California to launch his general construction company.
After nine years in business, he established his company as Fluor Construction Company and extended it from engineering just to engineering and construction. Fluor was named one of the top contractors in the petrochemical and industrial sectors by Engineering News-Record.
It is a Swedish construction and development corporation that operates as a subsidiary of Skanska AB. Government, power, education, health care, transport, sports, and data centers are among the industries served by this organization. Skanska was established in 1887 in a little fishing community in southern Sweden.
The New York City Department of Environmental Protection granted a $309 million contract to a joint venture of Skanska and R.J. Industries in April 2022. It was one of the top Skansa government projects. The company offered infrastructure and services at the Hunts Point Wastewater Resource Recovery Centre in the Bronx, New York.
Kiewit Corporation, founded in 1884, is an employee-owned engineering and construction corporation. As one of North America’s premier construction and engineering firms, Kiewit exhibits its experience in various areas. For instance, transportation, energy, chemical, and industrial.
This Nebraska-based construction company has become a highly reliable contractor by federal agencies as a perennial member of the Top 10 of ENR’s annual Top 400 Contractors rankings. The US Navy granted the Kiewit Corporation and four other government-owned contractors and $8 contract to assist the Shipyard Infrastructure Optimisation Programme.
According to the agreement, the construction businesses are entrusted with modernizing the infrastructure at Pearl Harbour Naval Shipyard in Hawaii. It also worked in the Puget Sound Naval Shipyard in Washington state.
STO Building Group Inc.
It is a New York-based construction company. It is a worldwide recognized construction corporation that provides extensive offerings to its international customers. Moreover, its comprehensive portfolio covers all the construction functions from start to finish.
STO Building Group Inc. is involved in location analysis, design constructability evaluation, and interior aesthetic improvements. Besides, it is also involved in new structure construction, infrastructure improvements, and modernization.
AECOM is a prominent infrastructure consulting organization. It provides advising, planning, engineering and design, and program and construction management services. Moreover, it has worked with federal organizations in over 150 countries.
AECOM arose from the Kentucky-based Ashland Oil & Refining Company, which emerged from the Oklahoma-based Swiss Drilling Company formed by J. Fred Miles in 1910. Five Ashland organizations joined in 1990 to become AECOM.
The company intends to focus more on projects related to public infrastructure. The US Navy awarded a $400 million contract to the AECOM and Ensafe joint venture in May 2022 to provide technical and architectural assistance in the Naval Facilities Engineering Systems Command’s Atlantic region of operations.
So, these are the top seven construction contractors to look for in 2023. Moreover, to make the most of it, consider referring to an updated guide to starting a government contracting business. You can also consult an industry expert to clarify the filing process better.
Linda Rawson, who is the founder of DynaGrace Enterprises (dynagrace.com), an 8(a) graduate and EDWOSB, contributed to the content of this blog. She is the founder of GovCon-Biz. For further information, please connect with Linda on LinkedIn, or contact her at (800) 676-0058 ext 101.
Please reach out to us at GovCon-Biz should you have any questions.