What a difference a year makes. The average US inflation rate in 2020 during the COVID 19 pandemic was 1.23%. By late 2021, inflation rose to 4.7%. As of May 2022, inflation reached a high of 8.6%. Economists predict that the economy will go into...
Owners everywhere are familiar with some sort of material frustration during their projects. While it’s no secret that material pricing can trigger a surge in construction costs, the challenges of 2020 have created an extraordinary phenomenon that baffles even the most experienced Owners....
The fundamentals of controlling cost on construction sites boils down to ensuring the construction workers in the field have the correct information needed to build. Just think of all the hands that touch the information before it gets to the boots on the ground. It starts with the...
