During the fourth quarter of 2021, annual growth in tender prices, as measured by the BER Building Cost Index (BCI), accelerated by a revised 5.9%. Preliminary data for 2022Q1, however, shows a marked slowdown in the BER BCI. “Growth in tender...
A recent report Net-zero buildings: Where do we stand? published by the World Business Council for Sustainable Development (WBCSD) states that buildings totalling the size of a city such as Paris, are being constructed weekly. The worrying part,...
Having barely survived the negative economic effects of Covid-19, South African construction contractors now need to factor in the risk of massive price hikes following the war in Ukraine and resultant sanctions. According to construction law...
Construction projects are becoming increasingly complex and as such, difficult to coordinate. This can make it difficult for role players to agree on project fundamentals, which can lead to mistrust and disputes among participants. Enter blockchain...
