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In today’s market, contractors often find themselves playing The Price is Right when bidding material costs — trying to hit the number just right without going over. But with new (and changing) ...

One of the major hurdles that we attempt to forecast for our commercial construction projects is escalation. There are many factors that affect escalation in the construction world which include ...

Creating an accurate cost estimate in the present is challenging enough but extending that estimate into the future presents an even steeper incline. Whether it's a week, a year, or even a five-year ...

Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years. Most countries expect escalations to be between 2% and 6% in 2026. This shows ...