Storm Season 2022: Material and Labor Shortages Are Top of Mind for Contractors
Storm season has officially begun for those living in the Southern US and Mexico — and it’s not slated to be an easy one. For the seventh consecutive year, the...
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USDOT Waives ‘Buy America’ Requirements for Construction Materials — For Now
The US Department of Transportation (USDOT) has issued a temporary waiver of Buy America requirements for construction materials as the federal government hopes to allow time for companies to ramp...
Contractors Raise Prices Over Increasing Construction Costs
Inflation maintains a steady grip on headlines as the US consumer price index increased a further 1.2% in March 2022, and is up by 8.5% over the last 12 months. But...
New York Lumber Supplier Sues Contractor for Violating Purchase Order to Seek Cheaper Lumber Elsewhere
The volatile price of lumber has struck again, leaving a long-standing supplier-contractor partnership in shambles: In a lawsuit filed late last month, New York lumber supplier Barnett Forest, LLC sued...
Seattle Concrete Strike Ends — but the City’s Concrete Supply Woes Are Far From Over
A major, months-long strike of Seattle, Washington concrete workers earlier this month when concrete workers agreed to return before negotiations had come to a conclusion. However, despite the return to...
Diesel Prices: A Hidden Culprit in Rising Construction Material Costs
With demands, delays, and industry inflation on the rise, Ken Simonson, chief economist for the Associated General Contractors of America (AGC), has issued a sixth construction inflation alert since March...
Is Amazon ‘Sucking Up All the Concrete in Florida’? Contractors Weigh In
Contractors in Florida are experiencing delays and cancellations with concrete pours, according to a recent post on Reddit which has so far attracted 47 discussion comments. While it’s likely that...
Price Volatility Burns Supplier After Buyer Reneges on $800K Lumber Contract
A lawsuit filed on March 9, 2022, by North Carolina supplier BMC West alleges contractor Vision Construction Group violated a purchase agreement by failing to accept an $800,000 delivery of...
Demand, Delays, & ‘Ghost Orders’ Are Causing Supply Chain Havoc for Contractors
Supply chain issues have continued to accelerate into 2022 as the effect of the COVID-19 pandemic has had far-reaching effects on the world’s supply chain. However, with time, these issues...
Construction Costs Experienced the Largest Spike Since 1970: Can Contractors Fight the Effects?
After a period of relative calm in the prices of building materials during late 2021, materials prices are once again spiking — and it’s having a serious impact on the...