Top 100 professional service firms: Firms fill in owner gaps

The steady and uncertain market for professional service firms could be seen in the results of the ENR Top 100 Construction Management-for-Fee and Program Management Firms list. Revenue for the CM-PM group rose 2.6%, to $19.91 billion, in 2014. Domestic revenue from CM-PM work rose only 1.4%, to $14.83 billion. CM-PM revenue from projects and programs abroad fared a little better, rising 6.1%, to $5.08 billion, after declining 1.6% in 2013. Mike Orth, senior vice president of Black & Veatch's water business, said that many owners were seeking assistance from the private sector for programmatic support for implementing their increased portfolio of work, with the increase in number and size of opportunities in the public sector market.