Firm also recognized as a Largest US Construction Management/PM-for-Fee Firms
Chicago, Illinois (July 6, 2020) — PFES, a premier provider of strategic consulting services for the energy and utility sectors and part of The Planet Group, continues its market expansion with recognition by Engineering News-Record (ENR) as one of the Top 50 Program Management Firms. Additionally, ENR recognized PFES as one of the largest US Construction Management/PM-for-Fee Firms. This is the first time PFES ranked among ENR’s Top 50 Program Management Firms.
According to ENR, growing interest in using professional services firms to help plan and deliver projects in the most efficient and cost-effective way possible is reflected on the lists as revenue for the CM-PM group was up 2.7%, to $24.43 billion in 2019 from $23.78 billion in 2018. Domestic revenue from their work was stronger, rising 3.8%, to $18.88 billion.
“We’ve experienced incredible growth largely to meet steady demand for major capital infrastructure investment in both electric and gas grid modernization” said Tim Simmerly, CEO of PFES. “This performance reflects continued underlying strength in our core program management, project controls and construction management services.”
Founded in 2012, PFES has managed billions of dollars in capital projects related to power generation, power delivery and natural gas distribution. The company has experienced tremendous year-over-year growth as utilities have relied on the firm’s expertise to complete large-scale CapEx projects efficiently and with significant cost savings.
Servicing the energy, utility, heavy infrastructure, and industrial markets, PFES specializes in:
- EPC Management
- Program & Project Management
- Project Controls
- Owner’s Engineering
- Quality Control & Quality Assurance
- Start-up & Commissioning
ABOUT PFES
PFES, part of The Planet Group, offers comprehensive management and consulting services as well as functional outsourcing solutions to organizations in the energy, utility, heavy infrastructure and industrial markets. Headquartered in Chicago, Illinois, we’ve been delivering innovative Engineering, Procurement, Construction Management (EPCM) and Program Management solutions since 2012.
MEDIA CONTACT
Elizabeth Spayne
VP, Marketing, The Planet Group
781.530.3191 | espayne@theplanetgroup.com
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