Online engineering network GineersNow cited the most recent Marcum Commercial Construction Index in an article about the slowdown in construction recovery due to the Delta variant.
by Robert Bagatsing
Contractors should carefully incorporate contingencies into their contracts to guard themselves against material price spikes. According to the recently published Marcum Commercial Construction Index for the second quarter of 2021, the building sector has trailed behind the broader economic recovery, with residential development outperforming nonresidential construction.
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