The article considers the peculiarities of managing the construction and installation contractors whose innovative activities are not sufficiently covered in the existing scientific literature.  The improvement of the efficiency of own innovative activities as for the construction and installation works is determined not only by the amount of investments in the material and technical base development, creation and rollout of new services in the market, creation and purchase of the intellectual property objects, human capital development, improvement of the technology of planning and rendering construction and installation services, but, first and foremost, by the improvement of the innovative management quality which is the subject of this article. This research can be useful for the persons researching applied economics and innovative activities management in the sphere of the construction and installation works.