EHRA Construction Phase Services finished a 12-month review of construction prices for common civil infrastructure items. The results continue to show steady price increases for items where construction materials are in limited supply. Most recently, concrete products, which remained steady last year, are now showing notable price increases as well. We understand that the concrete price increase is both due to global cement supply challenges and local product shipping / delivery costs.
We have observed a steady trend of price increases for various water distribution items.
Over the last 12 months, we have observed a varying price increase for
wastewater collection items.
EHRA noted moderate price increase for the previous 12 months on drainage infrastructure.
Pricing since Q1 of 2021.
Prices for concrete paving were steady through most of 2021.
Pricing since Q1 of 2021.
Stay tuned to EHRA for the latest trends in construction pricing and contact your EHRA project manager for an analysis of your projects.
EHRA is grateful to our longstanding clients as well as our new clients. Thank you for trusting us with your projects, big and small. 2022 is shaping up like another remarkable year. Years from now we will look back at these extraordinary times and be able to tell our children and the next generation of land developers not to discount the effects of globalization!