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Although inflation has started to be brought under control, construction material prices have gone haywire! Iron/structural steel is down 14%. Asphalt is down 23%. And concrete is up 13%. Stainless steel is down 41%, but glass is up 8% and rubber is up a whopping 62%.
If you want your estimates to be accurate, you need to be using accurate data. Data you'll find right here in the 2024 BNi Public Works Costbook.
If you're a public agency or a contractor bidding on public works projects, this is the Costbook for you.
The 31st edition of the BNi Public Works Costbook doesn’t just give you the costs for major commodities. It presents you with precise details for over 12,000 items … from paving to demolition and hazardous waste removal! For each item you get the unit of measure and the man-hours, along with the material cost, the labor cost and the equipment cost per unit all clearly broken out. Just multiply by the quantities from your specs and you’re done!
Accurate, up-to-date data
You can estimate with confidence, knowing that the research staff at BNi has gone the extra mile to make sure every cost item in this 2024 Edition is based on the most accurate and current information available. The material costs have been thoroughly researched by our team of engineers and professional estimators. And the labor costs are based on the latest prevailing wage rates from the U.S. Department of Labor.