Readers of ENR generate a steady stream of questions about the magazine’s indexes and how to accurately apply them to construction projects. To help clarify the nature and use of the cost indexes, here are answers to the most frequently asked questions as well as suggestions on how to avoid costly mistakes. Related Links: Economics: Japan Quake Won�t Shake Up Costs as Recession Trumps Rising Prices Confidence Survey: Top Industry Execs Believe the Market Has Turned a Corner Bidding: Price Escalations May Lead Aggressive Bidders To Default Asphalt: Weak Demand vs High Oil Prices Executive Compensation: Companies Seeking �Game Changers�
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.