Turner is a North America-based, international construction services company and is a leading builder in diverse market segments.Get to know us
Our people bring their technical knowledge, experience, and resourcefulness to the delivery of our construction services. Our expertise and value-added offerings support our clients throughout the lifespan of the construction process.
As the largest general contractor in the country, Turner is a leader in all major market segments, including healthcare, education, commercial, sports, aviation, pharmaceutical, retail and green building.See Our Portfolio
Stay up to date with the latest news and insights from Turner. Learn from our industry experts sharing innovation, market insight and thought leadership.Browse Insights
An awarding and fulfilling career awaits you at Turner! Join our team and build some of the most exciting and innovative projects around the world.Explore careers at Turner
Before reaching out, please review our prequalification requirements.Become a Subcontractor
April 06, 2018
Turner Construction Company announced that the First Quarter 2018 Turner Building Cost Index — which measures costs in the non-residential building construction market in the United States—has increased to a value of 1071.
This represents a 1.23% quarterly increase from the Fourth Quarter 2017 and a 5.10% yearly increase from the First Quarter 2017.
"In a construction market that continues to show high levels of activity, the first quarter saw modest growth in raw material prices," said Attilio Rivetti, the Turner vice president responsible for the Index. "Additionally, we are seeing a surge in steel driven by rising demand and limited offshore supply." Rivetti also noted that hurricane and other disaster recovery activities also continue to echo, boosting costs for fuel, oil and select building products.
Turner has prepared the construction cost forecast for more than 80 years. The building costs and price trends tracked by the Turner Building Cost Index may or may not reflect regional conditions in any given quarter. The Cost Index is determined by several factors considered on a nationwide basis, including labor rates and productivity, material prices and the competitive condition of the marketplace. This index does not necessarily conform to other published indices because others do not generally take all of these factors into account.