article thumbnail

Supply-Chain Obstacles Slow Down Construction Permitting

Pro Builder

Supply-Chain Obstacles Slow Down Construction Permitting. Why some construction projects are being pushed to the sidelines. . Persisting supply shortages and operational hurdles are causing a major drop in new construction permitting, according to Realtor.com. Construction. Wed, 10/20/2021 - 10:05.

Permits 98
article thumbnail

Objective, reliable, and veriable Construction Cost Estimates

Job Order Contracting

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. A knowledgeable and well-trained estimating team is a key component along with a robust processes, procedures, a objective and granular local market construction task data. #1

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Commercial Construction 2023 Trends and Lessons Learned

HardHatChat

As we mentioned in previous posts, last year presented various challenges for the commercial construction industry. The real headwinds over the last year were supply chain disruption, higher material costs, and personal shortages. This can result in project delays and schedule and cost overruns if you don’t have a plan in place.

article thumbnail

New-Home Construction Slowed in January Despite Increase in Permitting

Pro Builder

New-Home Construction Slowed in January Despite Increase in Permitting. Though new housing starts are up year-over-year, residential construction is slowing after solid gains at the end of 2021. million and building permits to reach a median pace of 1.75 The numbers of permits for multifamily projects declined.

Permits 52
article thumbnail

Harnessing the Power of RPA

Construction Business Owner

Common expenses for operating a construction business include labor, materials, insurance, permits, office space, vehicles, trailers and other incidentals. Despite its simple appearance, the financial equation of “revenue - expenses = profit” is so complex, there are few who truly understand it.

article thumbnail

What Does a Drop in Building Permits Mean for Future Construction?

Pro Builder

What Does a Drop in Building Permits Mean for Future Construction? Census Bureau point toward a slowdown for new-home construction. CNBC reports that single family housing starts remained elevated in June from May, but building permits, which point toward building starts further down the line, dropped. Construction.

Permits 52
article thumbnail

June Housing Starts Remain Strong, Permits Continue to Weaken

Pro Builder

June Housing Starts Remain Strong, Permits Continue to Weaken. Housing production remained strong in June, says the National Association of Home Builders, but rising construction and material costs may be the reason for a drop in issued permits. Multifamily permits also declined by 2.6% Construction.

Permits 52