Items Tagged with 'construction costs'

Builders’ risk insurance is no longer a backstop as higher deductibles and tighter underwriting are reshaping how owners and contractors manage risk on active jobsites.

Federal Trade Commission suit against German firm Henkel’s bid comes as construction materials prices stay elevated, raising concerns that consolidation could hike bid risk and squeeze contractor margins.

Commercial construction appears strong at year’s end, but new data and field reporting reveal a more complicated picture beneath the surface. What’s really driving the market now? 

Producer prices fell in August, but construction input costs climbed as metals and diesel rose. With jobs revised lower, contractors face uneven pressures closing out 2025.

BLS reported construction input costs fell 1.6%, while looming tariffs and rate uncertainty pressures project budgets.

UK officials blame inflation, but offshore wind sector leaders point to the government-set pricing.

In terminating the 1.8-GW Norfolk Boreas project, Sweden-based Vattenfall AB said it is writing off $530 million in costs and termination fees.

New York City, San Francisco lead project consultant's latest list for highest global building costs, with six US markets in the top ten of 89 surveyed.

A shortage of skilled labor and material price escalation are felt in the agency's $92-billion program that includes civil works and military construction, and is "the largest we’ve ever seen,” a top official told a Senate committee.

What was supposed to be an infrastructure Golden Age is turning out to be the Great Repricing.