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Category: Procurement


Construction Processes, Procurement

Specialty Contractors in High Demand Amid Supply Constraints

August 25, 2022

Via: ENR

Steep inflation over the past few months has exacerbated what was already a volatile market for construction materials, further complicating specialty contractors’ efforts to successfully navigate a post-pandemic environment where many markets remain active, albeit with resources in short supply. […]


Construction Processes, Procurement

AGC, ABC Say Contractors Face Continued Pressure From High Material Prices

July 18, 2022

Via: ENR

Impacts from a rise in construction material prices are still being felt despite some recent signs of prices stabilizing, according to new analyses by the Associated General Contractors of America and the Associated Builders and Contractors. According to an analysis […]


Construction Processes, Procurement

Peak pricing? June’s PPI shows signs of relief for construction materials.

July 15, 2022

Via: Construction Dive

The report comes on the heels of a broader analysis from Jay Pendergrass, director of supply chain at No. 11 contractor Gilbane, who noted declines in steel, copper and lumber going into the second half of 2022. Taken together, the […]


Construction Processes, Procurement

Gilbane sees slivers of hope for material, supply chain woes

July 12, 2022

Via: Construction Dive

While not universally positive, Pendergrass’s outlook for 2H 2022 pointed to key areas displaying better conditions for contractors. “As we move into the back half of 2022, tighter financial markets, slower growth and a continued improvement of supply bottlenecks could […]


Construction Processes, Procurement

Developers, contractors go to great lengths to secure materials, appliances

June 8, 2022

Via: Construction Dive

Before Miami-based Eden Multifamily had even begun site work on EDEN Crystal Lake in Port Orange, Florida in March 2021 (pictured above), it already had a container filled with fiberglass bathtubs ready and waiting to be installed in the apartments […]


Construction Processes, Procurement

Construction Material Costs—Spikes Everywhere

May 3, 2022

Via: ConstructConnect

The breakouts in U.S. construction material input costs showed few signs of abating in March. Table 1 presents year-over-year, and latest-three-month percentage-change results for 15 Producer Price Index series that bear on the materials cost side of construction projects. March […]


Construction Processes, Procurement

Biden administration mandates US iron, steel for infrastructure projects

April 19, 2022

Via: Construction Dive

Imports of iron and steel to the U.S. reached about $38.9 billion last year, according to the United Nations COMTRADE database, its highest level since tracking began in the early 1990s. About 21% of the structural steel used in the […]


Construction Processes, Procurement

US eases tariffs on UK steel and aluminum

March 24, 2022

Via: Construction Dive

The agreement with the U.K. comes after the U.S. struck similar deals to ease steel and aluminum tariffs with Japan and the European Union. The U.K. will be able to export 500,000 metric tons of finished steel and 900,000 metric […]


Construction Processes, Procurement

New Tariff on Japanese Steel Makes Key Change to Exclusions

February 8, 2022

Via: ENR

The Biden administration reached a new Section 232 steel tariff-rate quota agreement with Japan, officials announced Feb. 7. The arrangement replaces a flat 25% tariff added by the Trump administration in 2018. It allows up to 1.77 million tons of […]


Construction Processes, Procurement

Materials Supply Start-Up RenoRun Secures $142M in Series B Funding

February 4, 2022

Via: ENR

Canada-based construction tech start-up RenoRun announced this week that it has raised $142 million in Series B funding, a significant increase from $17.1 million in Series A funding raised in November 2019. Internet and software investment giant Tiger Global Management […]


Construction Processes, Procurement

Report: Materials prices soared 20% in 2021

January 14, 2022

Via: Construction Dive

The producer price index for inputs to new nonresidential construction — the prices charged by goods producers and service providers, such as distributors and transportation firms — increased by 0.5% in December and 19.6% in 2021 as a whole, according […]


Construction Processes, Procurement

Biden Finalizes EU Steel Imports Deal With a Direction to Rework Exclusions

December 28, 2021

Via: ENR

The new agreement on U.S. imports of steel from the European Union will take effect on Jan. 1, 2022, after President Joe Biden issued a proclamation making the adjustments reached by negotiators during the G20 summit in October. The deal […]


Construction Processes, Procurement

1,000-Word Chart: Canadian Construction Material Costs

December 3, 2021

Via: ConstructConnect

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that […]


Construction Processes, Procurement

US Doubles Tariffs on Canadian Softwood Lumber and Contractors Expect Higher Prices

November 30, 2021

Via: ENR

The Biden administration’s Commerce Dept. on Nov. 24 followed through with expected anti-dumping and countervailing duties on Canadian softwood lumber producers, placing duties of 17.99% on their imports, more than twice the old rate of 8.99% from the Trump administration. […]


Construction Processes, Construction Techniques, Procurement

How contractors employ tech solutions to help mitigate pricing woes

November 17, 2021

Via: Construction Dive

When The Boldt Co. was asked to submit a proposal for a new building’s structural steel package based on very limited drawings of an existing one, the estimating team didn’t flinch. Using BIM software Autodesk Revit, Boldt designers were able […]


Construction Processes, Procurement

US, EU reach agreement to ease steel and aluminum tariffs

November 2, 2021

Via: Construction Dive

The agreement somewhat eases import costs as steel prices skyrocket and industries including construction have been left scrounging for supplies. While the deal does not completely remove tariffs, steelmakers say the new quota will address rising prices while still prioritizing […]


Construction Processes, Procurement

Locking in materials costs and trade partners early helps A&P mitigate shortages

November 2, 2021

Via: Construction Dive

For almost two decades, Will Pender has been preparing for his new role, Gulf States president at Adolfson & Peterson (A&P). After graduating from college, Pender started working at Seattle-based R.W. Beck, where his father was principal and senior director. […]


Construction Processes, Procurement

7 ways contractors can work sustainability into their procurement practices

October 26, 2021

Via: Construction Dive

Construction is typically dirty business for the environment. Building construction and operations combined account for almost 40% of all carbon emissions worldwide, making it the single most polluting sector, according to the Global Alliance for Buildings and Construction. Mitigating these […]


Construction Processes, Procurement

Pricing insanity: Material costs escalate, driving contractor desperation

October 18, 2021

Via: Construction Dive

At conventions, on Zoom calls and in casual conversation, it’s the only thing contractors talk about anymore. Everyone wants to know how everyone else is dealing with the rapid escalation of material prices, a crisis that revved up last spring […]


Construction Processes, Procurement

Steel, roofing materials shortage hamstrings construction

October 12, 2021

Via: Construction Dive

Mounting shortages and rising costs have left contractors in some cases delaying projects or using substitute materials when possible. Steel, roofing and insulation materials are some of the most difficult products to get right now, said Ken Simonson, chief economist […]