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Hermanson Construction Cost Index - Q4 2021

Jan 11, 2022 | Source: Hermanson Marketing Mechanical Construction Cost Index

Hermanson's Estimating Department began tracking mechanical construction cost indicators in 2017. We share this information on a quarterly basis with the AEC community and our regional partners. Our reporting is based on costs to complete a comprehensive, representative Pacific Northwest project, and this information assists general contractors, developers, and owners in making informed decisions about project costs. 

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Jan 6, 2022

Hermanson Company recently welcomed Neil Ammentorp to the role of Chief Operating Officer.

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Nov 16, 2021 | Source: Marketing Department

The University of Washington Hans Rosling Center for Population Health building on the Seattle campus has achieved international notoriety and won numerous awards for its ground-breaking use of Progressive Design-Build to achieve a world-class facility.

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Sep 16, 2021 | Source: Hermanson Marketing Mechanical Construction Cost Index

Hermanson's Estimating Department began tracking mechanical construction cost indicators in 2017. We share this information on a quarterly basis with the AEC community and our regional partners. Our reporting is based on costs to complete a comprehensive, representative Pacific Northwest project, and this information assists general contractors, developers, and owners in making informed decisions about project costs. 

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Jul 12, 2021 | Source: Hermanson Marketing Company News

"Today's tour was amazing!  I feel so fortunate to be a part of this program," wrote Alejandra R., a 2021 graduate from Auburn High School.  

 

 

Alejandra and nine other students make up the inaugural cohort of upcoming high school juniors, seniors, and recent graduates participating in the Heavy Metal Summer Experience (HMSE)...

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Jun 11, 2021 | Source: Hermanson Marketing Mechanical Construction Cost Index

Hermanson's Estimating Department began tracking mechanical construction cost indicators in 2017 to share quarterly with the AEC community. Based on costs to complete a comprehensive, representative PNW region project, this information assists general contractors, developers, and owners make informed decisions about project costs. 

After posting the highest gain recorded since 2017 in Q1 2021, the construction cost index continued to rise in Q2 2021 at a quarter-over-quarter increase of 12.1%. This brings the total incurred cost increases for 2021 so far to 25.5%...

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