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Category: Procurement


Construction Processes, Procurement

Record jump in materials prices and supply chain distributions threaten construction firms’ ability to complete vital nonresidential projects

April 9, 2021

Via: Building Design + Construction

An unprecedented leap in the price of goods used in construction and supply-chain disruptions are wreaking hardships on contractors and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The association […]


Construction Processes, Procurement

U.S. Construction Material Cost Shock Escalates

March 18, 2021

Via: ConstructConnect

At the same time as the depth of the nonresidential construction marketplace in the U.S. has become shallower, i.e., there are fewer projects out for bidding due to cutbacks in capital spending plans forced by the coronavirus contagion, material input […]


Construction Processes, Procurement

Rising materials prices and supply chain disruptions are hurting many construction firms

March 15, 2021

Via: Building Design + Construction

Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The data comes […]


Construction Processes, Procurement

Skyrocketing steel, lumber costs threaten to slow construction jobs

February 17, 2021

Via: Construction Dive

Late last year, Mike Taylor was paying around $750 per short ton for the rebar he uses in his concrete pours. Now, that price has spiked closer to $900, a 20% increase in a little over a month. “That could […]


Construction Processes, Financial, Legal, Procurement

Biden toughens Buy American rules

January 26, 2021

Via: Construction Dive

Manufacturing and labor groups including the AFL-CIO applauded the order, which tightens policies already in place. “The Trump administration used the right words but never put in place policies to affect meaningful change,” Richard Trumka, president of the AFL-CIO, said […]


Construction Processes, Procurement

Experts: Construction material shortages to continue in 2021

December 23, 2020

Via: Construction Dive

The three big drivers — backlog, revenue expectations and contractor confidence — in the business group’s report “nudged up” slightly from the third quarter, but failed to reach pre-pandemic numbers. All three CCI scores were 70 or above in Q1, […]


Construction Processes, Procurement

4 Ways to Nurture the Contractor and Building Supplier Relationship

December 16, 2020

Via: ConstructConnect

When it comes to the construction business, the only thing that defines success is the quality of relationships. Either it is the relationships with the customers or the suppliers, it is the key to business continuity that defines the growth […]


Construction Processes, Financial, Interaction of Expertise, Procurement, Sustainability

The Future of Preconstruction is a Complete Data Journey

November 20, 2020

Via: ENR

A construction project starts well before the first shovel breaks ground, and its margin can be won or lost in this early stage. Preconstruction is becoming widely recognized as the most critical phase of a project when it comes to […]


Construction Processes, Financial, Procurement

How Purchase Orders Can Help Improve Financial Control in Construction

October 8, 2020

Via: ConstructConnect

When it comes to construction, it is extremely important to have control over finances. Though it is one of those industries that have shown significant growth during the last two decades, construction firms are expected to face maximum loss on […]


Construction Processes, Financial, Procurement

Gilbane exec: COVID-19 will lead to lower material prices

June 2, 2020

Via: Construction Dive

Joe Piro is the vice president of supply chain for Providence, Rhode Island-based Gilbane Building Co., the 10th largest contractor in the U.S., according to ENR’s Top 400 List. Since the coronavirus crisis began, Piro has been tracking supply chain […]