2021 Commissioning Giants
The 2021 Commissioning Giants data reports on the top 25 firms
The 2021 Commissioning Giants reports the top 25 firms based on whether the company chose to be considered in this year’s rankings. The average percentage of commissioning revenue earned by the 2021 Commissioning Giants was approximately 33%, showing that these top 25 firms earn a great deal of their revenue from commissioning, with three firms earning 100% of their revenue solely from commissioning. See Table 1 for the complete ranking, including the five new companies.
For the 2021 report, the top 25 companies made $651 million in revenue, a marked increase from the previous year’s $536 million. The majority (48%) of firms are consulting-engineering firms with a commissioning division; about a quarter (24%) are commissioning-focused firms. Firm ownership type fell into four categories: private (32%), public (28%), employee-owned (24%) and limited liability company (16%).
The average commissioning fee per project varied. Forty percent of companies earned $100,001 to $300,000, 28% earned $50,001 to $100,000 and 20% earned $25,001 to $50,000. Only 12% earned more than $300,000 per project.
This data reflects commissioning at all levels: new buildings (44%), existing buildings (10%), retro-commissioning (10%), whole building (9%), emergency power systems (6%), building enclosure (envelope, 5%), monitoring-based (5%), fire protection systems (4%), recommissioning (4%) and communications systems (3%). Each reporting firm completed, on average, 282 commissioning projects (at any level) in 2020, up from 251 in last year’s report.
The top three building types commissioned by these firms:
- Data centers: 27%.
- Hospitals/health care facilities: 15%.
- Government or military facilities: 11%.
According to survey respondents, these firms were contracted to complete commissioning for a variety of reasons: mandates (codes, standards, benchmarking: 92%), savings (energy efficiency, lower life cycle cost: 88%) and sustainability (long-term materials and performance efficiency: 88%.) Other reasons included resiliency (76%) and marketability of the property (72%, a dramatic increase from last year’s 44%).
Commissioning challenges
The 2021 Commissioning Giants study asked for information related directly to challenges for these firms. The top two current challenges for the 2021 Commissioning Giants are:
- COVID-19 concerns and issues, 64%.
- The economy’s impact on the construction market, 16%.
Future challenges varied. The No. 1 challenge was the “lack of knowledge about commissioning’s worth,” with 60% respondents saying it was a problem (no change from last year). The next challenge, at 52%, was “lack of funding or buy-in (from owners, engineers, etc.) to conduct commissioning.” In third place again this year at 32% was “not enough commissioning authorities or agents or commissioning professionals.” This surpassed “codes and standards changing,” which came in at 20% this year, a decrease from 28% in the previous report.
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. Click here to start this process.