Construction Material Costs Increase 1.4% in April
According to the Department of Labor's Producer Price Index (PPI), the cost of construction materials increased by 1.4% in April resulting in a 7.1% increasing from this time last year. Contractors should examine their contracts to determine if they contain a price acceleration provision. Trenton H. Cotney Board Certified in Construction Law Trent Cotney, P.A. 1207 N Franklin St, Ste 222 Tampa, FL 33602 (813) 579-3278 www.trentcotney.com