# GC Maturity Model Overview

**GCs Covered:** 15  
**Combined Revenue:** $114B  
**Median Maturity Stage:** 2.3  
**Addressable Volume:** $7.3B  
**Annual Margin Migration:** $109-581M

## Procurement Maturity Distribution

- Stage 1: 1  
- Stage 2: 5  
- Stage 2-3: 3  
- Stage 3: 5  
- Stage 3-4: 1  
- Stage 4: 1  
- Stage 5: 1

### Company Data

| Company ▲ | Stage ▼ | Revenue ▲ | Team ▲ | Program Est. ▲ | 5yr CAGR ▲ | Est. MEP Volume | Margin Range |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Turner / SourceBlue<br>SourceBlue (subsidiary) | 5 | $29.2B | 250-300 | 2001 | 4% | $5256M | $158-420M |
| Kiewit<br>Kiewit Supply Network | 4 | $16.8B | 200+ | 2016 | 6% | $2520M | $76-202M |
| STO Building Group<br>Centralized VP Purchasing | 3-4 | $11B | 5-10 | 2021 | 5% | $1870M | $56-150M |
| Holder<br>MEP procurement function | 3-4 | $6.7B | 15-25 | 2021 | 18% | $1608M | $48-129M |
| Mortenson<br>Equipment Solutions + Supply Chain | 3-4 | $5.8B | 40+ | 2018 | 5% | $1160M | $35-93M |
| DPR<br>OES + EIG + CEPP | 3-4 | $5.1B | 20-40 | 2020 | 8% | $1122M | $34-90M |
| Gilbane / NextDirect<br>NextDirect (2025) | 3 | $6.4B | 15-25 | 2025 | 4% | $1088M | $33-87M |
| JE Dunn<br>Procurement Services + AFG | 3 | $5.3B | 15-20 | 2019 | 6% | $954M | $29-76M |
| McCarthy<br>IC Strategy + Healthcare Procurement | 3 | $3.5B | 10-15 | 2021 | 5% | $665M | $20-53M |
| Hunter Roberts<br>Established purchasing org. | 2-3 | $0.7B | 15+ | 2020 | 6% | $112M | $3-9M |
| Suffolk<br>Freedom Source (2025) | 2 | $9B | 2-5 | 2025 | 12% | $1800M | $54-144M |
| Clayco / CDC<br>CDC subsidiary | 2 | $7.6B | 15-30 | 2022 | 15% | $1672M | $50-134M |
| Consigli<br>Purchasing + MEP Services | 2 | $3.6B | 5-10 | 2023 | 10% | $576M | $17-46M |
| Shawmut<br>Internal program (emerging) | 2 | $2.2B | 5-10 | 2024 | 4% | $330M | $10-26M |
| JRM<br>Estimating & Purchasing Dept. | 1 | $1.3B | 1-5 | N/A | 15% | $156M | $5-12M |

## Methodology

Maturity stages are assessed through primary research with GC procurement teams, organizational structure analysis, hiring patterns, and direct observation via the BuildVision platform. MEP spend is estimated using vertical-specific ratios (12-25% of revenue). Margin capture rates (3-8%) are validated from Stage 3-5 GC procurement programs. Revenue CAGR estimated from ENR historical rankings (2019-2024). This model is updated quarterly. The next update will expand coverage to 25+ GCs.