Construction Materials Shortages
In recent months we’ve heard concerns from members over material shortages and price instability, likely resulting at least in part from the COVID-19 pandemic.
To help our members in this situation we’ve sent a letter to construction owners urging them to use early tender awards. We have seen 90-day award periods become normal, which makes it extremely difficult when certain commodity pricing is only good for 15 days. In our letter, we ask the owner community to award projects in 30 days or less.