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RISPrice Adjustment Clauses: Enhanced Price Volatility Forecasting for Construction Materials
Publisher: American Society of Civil Engineers
Abstract: AbstractPrice adjustment clauses (PACs) are used by state departments of transportation (DOTs)
to share the risk of material price fluctuations. Existing models that depict the
price fluctuations of materials forecast a ...
Forecasting State-Level Construction Labor Earnings for Enhanced Project Cost Control: An Econometric and Deep-Learning Analysis of the Leading Economic Indicators
Publisher: American Society of Civil Engineers
Abstract: AbstractAs a major input to several work packages, the labor element constitutes a critical
component for successful performance of construction projects. Localized labor shortages,
fundamental changes in prevailing wage ...
From Ports to Projects: Estimating the Impact of Supply Chain Volatility and Trade Policy Changes on Construction Material Prices
Publisher: American Society of Civil Engineers
Abstract: AbstractConstruction material markets are often reliant on imported commodities. Import tariffs
and temporary trade barriers disrupt supply chains, presenting stakeholders with uncertainties
regarding how such disruption ...