{"id":1261,"date":"2021-02-14T13:15:50","date_gmt":"2021-02-14T13:15:50","guid":{"rendered":"https:\/\/www.prontocalc.com\/news\/?p=1261"},"modified":"2022-08-08T12:08:49","modified_gmt":"2022-08-08T12:08:49","slug":"rising-raw-materials-costs-hit-building-sector","status":"publish","type":"post","link":"https:\/\/us.prontocalc.com\/home\/news\/rising-raw-materials-costs-hit-building-sector\/","title":{"rendered":"Rising raw materials costs hit building sector"},"content":{"rendered":"<p style=\"text-align: left;\" align=\"CENTER\"><i>Firms across the construction industry are bracing themselves for further cost pressures after reporting a rise in raw material prices despite growth across the industry during 2021 Q1.<\/i><\/p>\n<p align=\"JUSTIFY\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Calibri, serif;\"><span style=\"font-size: small;\">According to the latest industry survey from the <a href=\"http:\/\/www.constructionproducts.org.uk\/news-media-events\/news\/2017\/february\/rising-cost-pressures-expected-to-dent-construction-industry-growth\/\">Construction Products Association (CPA),<\/a> the building sector is being hit by the rising cost of raw materials and a growing skills crisis which has seen the demand for Carpenters and Plasterers reach a nine-year high. The CPA trade survey for Q4 2020 shows that an increase in sales, output and workloads were all reported during the final quarter of the year, but builders across the UK are bracing themselves for further cost pressures after reporting a hike in material prices.<\/span><\/span><\/span><\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Calibri, serif;\"><span style=\"font-size: small;\">The survey showed that overall costs increased by 18% for main contractors, 23% for heavy side manufacturers and 25% for both civil engineering contractors and light side manufacturers.<\/span><\/span><\/span><\/span><\/p>\n<p align=\"JUSTIFY\">Brian Berry, Chief Executive of the Federation of Master Builders said:<\/p>\n<p align=\"JUSTIFY\">\u201c<i>Rising material prices and growing skills shortages dampened growth among construction SMEs in the final three months of last year. The optimism that we saw from small construction firms during most of 2021 has now dropped off because of growing concerns about rising costs. The pledge from the Government that it will focus on finding ways to boost smaller scale house builders is therefore timely as it\u2019s an area that is ripe for growth and could help counteract the risk of stagnation within the SME part of the construction industry.\u201d<\/i><\/p>\n<p align=\"JUSTIFY\">Nick Cook the designer of ProntoCALC.com observes:-<\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #000000;\">\u201c<i>It is clear that central government would like the construction industry to increase its output. Historically construction had been 1\/6<\/i><\/span><span style=\"color: #000000;\"><sup><i>th<\/i><\/sup><\/span><span style=\"color: #000000;\"><i> of the Gross Domestic Product (GDP) and with the demand for housing not being met, the national output could lift if only the builders could get going. Labour shortages and the usual planning barriers continue to hold back the economy. Each local planning authority continue with their `No` default position on Housing, and with no real-time promotion of construction apprenticeships nothing will change quickly. Only central government have the overview to observe and change these intrinsic defects, Brexit however has and continues to hold its focus.\u201d <\/i><\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #000000;\">Thanks to our <\/span><a href=\"http:\/\/www.prontocalc.com\/pricing\/\"><span style=\"color: #000000;\">online build cost estimator,<\/span><\/a><span style=\"color: #000000;\"> estimating the costs involved when building an extension, garage, loft conversion or any other type of building project is now much easier. It\u2019s a web-based build cost calculator designed for Builders, Architects and Homeowners. The application uses a simple &amp; straightforward data entry system to produce a 16-page PDF which details all aspects of the build. Its format confirms to both builder and consumer that all items are included and it has the ability to make adjustments to suit budgets. <\/span><\/p>\n<p align=\"JUSTIFY\">ProntoCALC allows builders and developers to <a href=\"http:\/\/www.prontocalc.com\/\">manage a building project<\/a> as well. Any design changes during the construction process can be recorded, with the cost changes immediately applied to the budget. Builders can choose how much work detail they provide with an estimate. However, by using the ProntoCALC system to provide full details, the builder can be confident that their client is completely aware of what is, and what isn\u2019t included with the price. When comparing the price to other building quotes, the client can easily see if it\u2019s a \u2018like-for-like\u2019 price. By using ProntoCALC, a builder can stay ahead of the competition by providing confidence in how thorough they are with their pricing. ProntoCALC provides a simple way to make sure a building business stays profitable through pricing and winning more work.<\/p>\n<p align=\"JUSTIFY\">Homeowners can use ProntoCALC and get their shortlist of builders to use the system to estimate the cost of the building and also to regain control of budget over runs on both new and existing projects. Once a builder has been awarded the contract, the system can be used to easily financially manage all aspects of the build.<\/p>\n<p>To sign-up for a free 14-Day free trial, visit <a href=\"https:\/\/www.prontocalc.com\">www.prontocalc.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Firms across the construction industry are bracing themselves for further cost pressures after reporting a rise in raw material prices despite growth across the industry during 2021 Q1. According to the latest industry survey from the Construction Products Association (CPA), the building sector is being hit by the rising cost of raw materials and a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1387,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rising raw materials costs hit building sector | Build cost estimator<\/title>\n<meta name=\"description\" content=\"ProntoCALC the online build cost estimator, designed for builders looks at the rising costs of building materials which has hit the building sector\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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