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HS2 UK High-speed Rail Project Running $14B Over Budget

ENR Construction

The project was budgeted to cost $57 billion at 2019 prices, but an executive says poor planning and construction cost inflation are impacting the price.

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HS2 UK High-speed Rail Project Now Running $14B Over Budget

ENR Construction

The project was budgeted to cost $57 billion at 2019 prices, but an executive says poor planning and construction cost inflation are impacting the price.

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2019 Budget Numbers in a Nutshell

Construction Equipment

The White House unveiled its budget proposal outline for fiscal 2019 which stayed close to the leaked proposals that have made the media in the last few weeks. Of interest to the construction industry are these highlights:

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TASBO 2019 – School Construction Services

Job Order Contracting

The Power of Partnership School Construction Services Quality, On-Demand, On-Time, and On-Budget Repair, Renovation, & Minor New Construction Booth #414. Contact Us… The post TASBO 2019 – School Construction Services appeared first on 4BT.

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Commercial Construction Industry Trends: The “Highs” and “Lows” that Shaped 2019

HardHatChat

With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. At RECon 2019 in Las Vegas, where Englewood hosted a cocktail party, CRE professionals were thinking more openly about commercial property uses.

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Commercial Construction Trends: Three Headlines That Won’t Die In 2019

HardHatChat

But for general contractors and our clients, the result is higher project budgets and challenges in construction scheduling. The good news for subcontractors is the labor shortage means higher profitability, because they are working at-capacity and able to charge a premium for their services.

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As Buyers Reduce Their Budgets, Home Prices Begin to Fall From Record Highs

Pro Builder

As Buyers Reduce Their Budgets, Home Prices Begin to Fall From Record Highs. The share of homes with price drops also reached a new high after sellers’ asking prices came down 3% from their May peak, and housing inventory posted its first year-over-year increase since August 2019 during the same time frame, Redfin reports. .