Adams and Reese Partner Roscoe Green was interviewed by Engineering News-Record in the article, “The Top 100 Project Delivery Firms: Risk Sharing is a Necessity.”
The publication interviewed top construction professionals about the growth of risk sharing, collaborative delivery methods, integrated design-build, and additional emerging industry trends that are helping construction projects move forward.
According to the ENR article, Top 100 design-build revenue in the domestic market increased 12.45% last year to $108.84 billion, its highest since 2014. Construction management-at-risk (CMAR) revenue rose 10.54% to $166.75 billion. Part of this increase is the Infrastructure Investment and Jobs Act (IIJA), which hit public agencies last year.
As more IIJA money is generated for public agency use, Green urges that teams not enter into alternative project delivery methods lightly and take the necessary steps to ensure that they manage their risks when they do. From the owner’s perspective, “Design-build is generally a good method because they have one point of contact,” he says. “It certainly helps limit the finger pointing and it allows really for the fast tracking of these projects.”
However, the delivery method oftentimes puts a greater onus on the owner to make sure the program is well-designed, which might require resources public agencies don’t have, Green adds. “A lot of issues arise when the owners program doesn’t align with the actual project design,” he says. “It puts a lot of risk on the design-builder. The allocation of risk is not really spread evenly. Some of our clients have shied away from doing design-build projects because of that, because it can result in substantial losses.”
Green, a construction law attorney in the Tampa office, is one of the leading members of Adams and Reese’s nationally ranked construction law practice, serving clients in 20 cities in the south, southeast, and Washington, D.C. In addition to practicing law, Green is a former Florida Certified General Contractor.
Green is ranked among ENR’s “Top 20 Under 40”; Florida Super Lawyers® Rising Stars; Florida Trend “Legal Elite Up & Comer”; Tampa Magazine “Top Lawyers in Construction Law”; and Chambers & Partners “Diversity & Inclusion Awards”, shortlisted for “Minority Lawyer of the Year.”
In 2023, Green was named a Leadership Council on Legal Diversity (LCLD) Fellow, a professional development program that connects high-potential attorneys with leading general counsel, managing partners and their peers for mentoring and career guidance.