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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Jun 10, 2021 | Source: Hermanson Marketing
Feature Photo Credit // © Visoot Uthairam | Dreamstime.com
Company News
Congratulations to Hermanson's Desire'e Ropel for being Featured in National Safety Magazine, EHS Today! "How to Improve and Promote Safety in Construction."
EHS Today is an online magazine keeping safety professionals up-to-date on trends, management strategies, and regulatory updates for safe and healthy work sites. Hermanson’s Safety Manager, Desire’e Ropel, was interviewed for an article...
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