Source: https://www.insurancebusinessmag.com/, March 23, 2022
By: Karen Surca

The commercial construction industry is everchanging. Proposed construction initiatives are oftentimes vulnerable to outside economic factors including the overall supply and demand of project types, as well as world events such as the prolonged COVID-19 global pandemic.

These hard to predict external pressures can impact the scale and timing of commercial construction projects. General inflationary pressures, and resulting cost considerations, also help to determine the overall parameters of current and upcoming construction initiatives. Read more.