Blog

Our data experts have been monitoring construction costs for decades, tracking price fluctuations impacted by response to public policy, concerns about infrastructure or the effects of the pandemic and natural disasters. We examine the long-term cost trends of the industry’s most vital materials. In this edition of What the Data Says, we examine the continued cost increases of interior finishes.

In 2015, the Performance Based Studies Research Group from Arizona State University’s (ASU) Del Webb School of Construction recently completed a study examining the Job Order Contracting (JOC) construction project delivery method. See a summary of what researchers discovered about JOC programs.

As rational facilities requirements are codified in response to COVID-19, health facilities professionals will be challenged with multiple large- and small-cap projects to address these new requirements for flexibility. Find out why value-based construction is a strategic fit for the small-cap projects.

In this edition of What the Data Says, we’re taking a look at the extraordinary rise in structural steel costs. Over the past several months, we have become accustomed to volatility in this commodity’s pricing but the latest increase is unprecedented. The price of structural steel has increased 91% since the last quarter of 2020, rising 45% in the past quarter.

The State of Facilities report has generated a wealth of conversation among higher ed leaders. In an effort to continue this all-important discussion, we are answering a selection of questions we have received in thematic posts. This post looks at the facilities organization of tomorrow.

Sustainable mutual funds are out performing the market at incredible rates. Why? Because investors and customers alike care about sustainable business practices. Learn how investing in sustainability could benefit your business.

There’s a common notion in the industry that estimators can take last year’s price for a given material and add a couple percentage points to account for any increases. But there are two issues with this mindset - issues that are solved by quarterly construction material cost updates.

The COVID-19 pandemic has drastically shifted priorities for many organizations. Find out how our VFA software and facilities expertise can help with capital planning during COVID.

Due to COVID-19, deferred maintenance on HVAC systems is a greater hazard than ever before. The new System Vulnerability Index in VFA Capital Planning Software can help you better understand the condition of your ventilation systems for reopening.