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Supply Chain Challenges Continue to Push Engineering and Construction Costs Upward


ACBM staff
Engineering and construction costs maintained their upward movement in May, driven at least in part by rising costs to ship materials from key markets to the U.S. The latest IHS Markit PEG Engineering and Construction Cost Index (ECCI), produced jointly by IHS Markit and the Procurement Executives Group (PEG), shows costs rose for the seventh straight month, with survey respondents reporting widespread price increases across all index components.
As a result, the ECCI moved up 6.3 points to a 78.8 reading in May. The materials and equipment sub-index saw its sixth consecutive monthly increase, rising 4.6 points to 83.1. The subcontractor labor index came in at 68.6, up 10.3 index points from April. ....

Procurement Executives Group , Construction Cost Index , Tal Dickstein , ப்ரொக்யூர்மெஂட் நிர்வாகிகள் குழு , கட்டுமானம் செலவு குறியீட்டு , தால் டிக்ஸ்டீன் ,

Engineering and Construction Costs Climb for Sixth Consecutive Month in April


Engineering and Construction Costs Climb for Sixth Consecutive Month in April
Costs for engineering and construction materials rose for the sixth consecutive month, pushing the IHS Markit PEG Engineering and Construction Cost Index to 72.4.
April 28, 2021
Costs for engineering and construction materials rose for the sixth consecutive month in April, pushing the headline IHS Markit PEG Engineering and Construction Cost Index (ECCI) downward to 72.4, a 7.0-point decline from the March figure.
Produced by IHS Markit and the Procurement Executives Group (PEG),  the ECCI is based upon data independently obtained and compiled by IHS Markit from procurement executives representing leading engineering, procurement and construction firms. It tracks industry-specific trends and variations, identifying market turning points for key projects, and is intended to act as a leading indicator for wage and material inflation specific to this construction and engineering i ....

United States , Becky Schultz , Amanda Eglinton , Procurement Executives Group , Construction Cost Index , ஒன்றுபட்டது மாநிலங்களில் , பெக்கி ஶுல்ட்ஸ் , அமண்டா எ.கா.லிண்டன் , ப்ரொக்யூர்மெஂட் நிர்வாகிகள் குழு , கட்டுமானம் செலவு குறியீட்டு ,

Construction Costs Continued Climbing in February with More Expected in First Half of 2021


IHS Markit
Engineering and construction costs increased for the fourth consecutive month in February, according to IHS Markit and the Procurement Executives Group (PEG). Survey participants in February’s headline IHS Markit PEG Engineering and Construction Cost Index witnessed price escalations for all categories under the materials and equipment sub-index for the second month in a row, after having reported increases in January for the first time since July 2018.
According to February s Index:
Copper prices continued to increase, recording the eighth consecutive month of rising prices.
The carbon steel pipe price index rose to a figure of 78.6 in February, up from 70 in January. ....

United States , Becky Schultz , Procurement Executives Group , Procurement Executives , Construction Cost , Tal Dickstein , ஒன்றுபட்டது மாநிலங்களில் , பெக்கி ஶுல்ட்ஸ் , ப்ரொக்யூர்மெஂட் நிர்வாகிகள் குழு , ப்ரொக்யூர்மெஂட் நிர்வாகிகள் , கட்டுமானம் செலவு , தால் டிக்ஸ்டீன் ,