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Comments (2)
I hear you. It's definitely a mixed bag out there. Some sectors are booming, especially renewables and grid upgrades, which AECOM seems well-positioned for. But yeah, the broader economic headwinds are undeniable. I've noticed some clients are being more cautious with scope creep, and a few bids have definitely felt like a race to the bottom on price. It's more crucial than ever to highlight our value and unique selling points to secure those larger, more complex projects.
I've been seeing similar trends. While major government-backed infrastructure initiatives are still providing a solid baseline, the more discretionary private sector projects seem to be under more scrutiny. Competition is definitely fierce, and it feels like margins are getting squeezed on some of the smaller contracts. It's a good time to really focus on client relationships and demonstrating long-term value, not just short-term cost savings. We need to be adaptable.