Canva. The cost of these 5 construction materials grew the most in 2023. Workers stand on scaffolding in a construction site with an orange sunset in the background.

A material escalation clause in a fixed-price contract might look something like this one: 8.7.1 Escalation Clause. In the event of significant delay or price increase of material, equipment, or ...

Together, powered and non-powered hand tools accounted for 5,790 injuries, while solid building materials injured 3,500 workers during the period studied, according to the center's researchers.

The building materials industry has reached a watershed moment with the launch of the Building Materials Careers Association ...

London, United Kingdom - (NewMediaWire) - March 14, 2023 - The construction sector is a crucial part of the worldwide economy due to its substantial contribution to job opportunities and ...

Engineering and construction costs increased again in December, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence. The Engineering and ...

Profitability, meanwhile, also seems to be improving. After experiencing negative adjusted net profit margins in 2009, privately owned building-material and supplies dealers analyzed by Sageworks ...

Once all materials and equipment are on site, cold weather can affect that equipment's functionality, leading to further delays. "When it’s cold, it’s hard on equipment.

AI in Construction. getty. Having places to live, work, shop, and otherwise conduct our daily lives is critical. But someone has to build those structures, and someone has to account for all the ...

Field Materials, a US-based AI construction procurement platform, has raised $10.5m in a Series A funding round. This investment boosts the company's total funding to nearly $19m and aims to ...

Materials Ordinary Portland cement goes for averagely Shs32,000, while clay bricks cost around Shs150 per brick. A trip of lake sand of a 12-ton truck commonly known as magulu kummi costs between ...