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As you know, the global Covid-19 epidemic has wreaked havoc on construction costs.
We’re now facing unprecedented supply chain disruptions, skyrocketing demand, and raw material shortages. As a result, the input costs for contractors have soared nearly 13% overall. Some materials are up by as much as 75%. The risk of losing money as the result of an inaccurate bid or estimate has never been greater.
The 2022 BNi General Construction Costbook can help you take control of this chaos.
For 75 years BNi has been a trusted source of accurate pricing data, presented in an easy-access format. And this year the research staff at BNi has gone the extra mile to make sure that every cost item in this book is based on the latest and most authoritative information available.
The BNi data doesn’t just give you the costs for major commodities such as steel and asphalt, it presents you with precise detail for virtually every component used in construction. For example, the costs of wood decking, floor sheathing, trusses and ornamental woodwork are all broken out separately, as are the costs of metal railings, metal gratings, metal decking and metal fabrications. And you get this same level of detail for masonry, concrete, painting, plumbing, electrical and more.
The costs presented in the BNi General Construction Costbook are further broken down into material, labor, and equipment costs, to give you maximum flexibility and accuracy in estimating. As a result, you’ll be able to quickly and confidently prepare bids, check prices and calculate the impact of change orders. And for each item you are given the man hours per unit, so you can see the basis for the labor costs based on standard productivity rates, as well as the latest prevailing wage rates from the US Department of Labor.
All data in this Costbook is organized in the CSI division format. This industry standard provides an all-inclusive checklist to ensure that no element of a project is overlooked. In addition, to make specific items even easier to find, there is a comprehensive alphabetical index.
The BNi General Construction Costbook also includes Assemblies tables listing systems for commercial construction, each broken down by its respective unit price components. This new section provides construction costs by assembly type, represented by the major categories designated by ASTM E1557-09.