Sentences with phrase «construction costs remain»

Just as we saw in the second half of 2016, construction costs remain high and stringent construction lending constraints will remain for the foreseeable future.

Not exact matches

Miller also said the company was continuing to work towards starting construction on the Keystone XL expansion in 2019 and that $ 8 billion remains «a good number» for capital costs.

Labour cost pressures also remain firm in the construction sector; a recent survey by the Master Builders Association suggests that labour shortages remain most acute in trades exposed to the latter stages of the building process, contributing to ongoing pressure on rates for subcontractors.

With Queensland on the cusp of joining the world's elite band of LNG exporters, federal Industry Minister Ian Macfarlane has voiced confidence that the construction cost pressures that could impede further growth of exports are on the wane, but insisted gas would also remain an important fuel for domestic users.

«There has been no upstate toll revenue used to support the construction and financing of the new bridge, and no upstate toll revenue will be necessary to cover any remaining costs as the Tappan Zee currently provides significant funding for the entire Thruway system,» she said.

Thus, there is no controlling legal authority expressly stating whether costs related to the Common Core Technology Project would constitute the construction, replacement or furnishing and equipping of school facilities for purposes of Proposition 39... the District should remain aware that there is no controlling legal authority expressly stating what constitutes the «equipping of school facilities» for purposes of Proposition 39.

Fitch also asserts that the company might have some running room on prison construction, because «the cost for states to build, operate or repair facilities remains significantly higher than those of the private operators.»

The State has agreed to pay for approximately 50 percent of the capital costs (design and construction) and all operations and maintenance, while the remaining 50 percent of the capital costs will be provided by the local governments.

In new construction, better thermal control has resulted in lower fractions (about 45 %), but thermal control remains one of the lowest cost, most durable, easiest to predict, best developed means of reducing household energy use.

The remaining capital costs and construction debt the company was supposed to collect could not be recovered in a deregulated market where prices were set by power plants that had already paid off their mortgages.

Managed and developed a strategic plan of action to ensure the construction cost of the residential project remains under the decided budget.

The current cost of complying with regulations is constraining construction businesses to the detriment of new housing stock, which remained severely limited at the beginning of the year.

The association estimates that the buyer of a hypothetical 2,200 - square - foot, $ 200,000 home on a greenfield site pays $ 101,653 for construction: $ 46,956 for the finished lot; and $ 51,391 for any remaining costs, including the builder's overhead and profit.

The stock of seniors housing and nursing assets is not being replaced as fast as it ages, our demand pool is increasing, land and construction costs in most market areas remains depressed, and the product is accepted by the consumer.

If the remaining budget is deemed to be insufficient due to cost overruns or other reasons, you may be required to pay a portion of the construction costs in order to bring the project back into balance with the construction loan.

When presale requirements from construction lenders demand selling a condominium a year or two before delivering, the revenues get set while the construction costs can remain variable, exposing the developer to risk.

The rule of thumb is that when housing supply is unrestricted then housing prices will remain near construction cost, yet real construction costs increased just over ten percent nationally during the period.6 There can be several reasons why housing price growth exceeded the construction cost growth in some of the expansive cities.

Construction costs, particularly labor, have dropped over the last two years and will remain down for the first half of the year, but prices will head up in the second half.