State Audit Clouds Future of Proposed NC Outer Banks Bridge

Increases in construction costs have more than doubled the project’s original estimate, with the current cost now estimated at approximately $1.2 billion.

Expect construction costs to head up despite Middle East peace deal, Currie & Brown warns

Steel, copper and aluminium prices all expected to continue rising, consultant says

Construction costs surged in May at fastest annual rate since pandemic

“Contractors are being hit by a double whammy” of rising materials prices and slower growth in bid prices, said Ken Simonson, chief economist at Associated General Contractors.

‘Not clear’ if Sizewell C investors are incentivised to keep costs down

The National Audit Office (NAO) has questioned whether investors in the Sizewell C nuclear power station are sufficiently incentivised to keep construction costs under control, despite backing a financing model that reduces costs for consumers and taxpayers. In a report published on Tuesday (19 May),… The post ‘Not clear’ if Sizewell C investors are incentivised to keep costs down appeared first on Construction News.

CIF Q1 2026 Outlook Survey: Sector flags major concerns over impact of Iran war on construction costs

The CIF has released its Q1 2026 Construction Outlook Survey. The survey of 200 construction companies, carried out between 30th January and 24th February 2026, found rising costs as a The post CIF Q1 2026 Outlook Survey: Sector flags major concerns over impact of Iran war on construction costs appeared first on Construction Industry Federation.

What are the most common methods for estimating construction costs?