The Shifting Landscape of Plumbing Estimating: Navigating Fixed-Price Tenders in a Volatile Market
Material price fluctuations are reshaping the construction industry. Since 2020, essential plumbing components have experienced significant price hikes, complicating the plumbing project cost estimation. The surge in costs for key materials, such as copper piping and steel, has created an unpredictable pricing environment, forcing contractors to rethink their tendering strategies.