Managing construction costs in check is no longer just a necessity: It is a fundamental element that impacts profitability, ...

Typical delivery methods consist of contracts based on (a) a lump or stipulated sum, where the parties agree on a fixed price for the entire project or phase; (b) a guaranteed maximum price (GMP), ...

Despite relief in the commercial sector, the Project Stress Index remains higher than a year ago, and projects funded with ...

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Cost control can be a great solution if your business is dealing with spiralling costs, cash flow problems and poor financial performance. It’s a process which can increase profits and improve ...

From 2021 to 2023, the construction industry faced a tumultuous economic climate, marked by a confluence of challenging trends that have tested the resilience of industry executives. This period saw a ...

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.

According to the National Association of Home Builders, these are the average itemized costs in each stage of construction for a new single-family home. How much does it really cost to build a home?