A price escalation clause, where parties agree at the outset of a project to specific terms and mechanisms to address inflation (in this case imposed by tariffs), is the best solution.

68.38 hours of skilled labor at the 20-city average of bricklayers, carpenters and structural ironworkers rates, plus 25 cwt of standard structural steel shapes at the mill price prior to 1996 and ...

Construction projects could be affected by new tariffs on commodity items like steel, aluminum and plumbing material but also engineered equipment such as elevators, HVAC and electrical products.

Copper roofing materials top the price charts, coming in between $20 and $40 per square foot or $2,000 and $4,000 per roofing square. A 1,700-square-foot roof could cost up to $68,000 between ...

The executive director says he's already seen a slight price increase for materials, but what he is especially concerned about is the long-term effects. Skip to content NOWCAST WXII 12 News at 4:30 AM ...

CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.

Chartered surveyors expect the price of construction materials to continue rising in 2025 despite a return to a “steadier pattern” of inflation in recent months, an industry survey has revealed.