Tag: increase
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PLA use didn’t increase project costs, Illinois study finds
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Project labor agreements in Illinois did not have a statistically significant effect on projects’ construction costs, as the award amounts for winning bids were not higher on PLA projects compared to those without PLAs, after accounting for…
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Energy bill increase to fund pylon discounts as all households forced to pay 80p more
Households across the UK will see an increase of 80p in their annual energy bills to help fund discounts for people living near new or upgraded electricity pylons. Energy Secretary Ed Miliband confirmed the plan, stating that these slight energy price rises would be used to compensate those who live in close proximity to pylons…
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Increase homebuilding target to 4m over next decade, CLC co-chair tells MPs
The government should go beyond its 1.5 million new homes target and aim for four million units within the next decade, the co-chair of the Construction Leadership Council (CLC) has told MPs. Mark Reynolds made the suggestion during a Housing, Communities and Local Government Committee evidence session with industry experts on construction’s capacity to meet…
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BCIS forecasts 17% building costs increase over next five years
Dr David Crosthwaite, chief economist at BCIS, said: “Industry sentiment data continues to present positive readings, although since the autumn budget these are now less optimistic than at the time of our previous forecast in September, when the headline S&P Global UK Construction Purchasing Managers’ Index reached a 29-month high. View the original article and…