Particularly substantial, above 70%, were the increases for steel, with a peak of 113% for steel strips used in road barriers and 84% for Corten steel sheets. For timber, a price increase of 78% was detected, for bitumen of 36%.
The decree of the Ministry of Infrastructure has been signed certifying the increases in materials for public works in the 2nd half of 2021 and giving the right to compensation on materials that exceed increases of 8%: these are 54 of the 56 materials put under observation (see the table at the end of the article).
Minister Giovannini’s circular to the main public contracting authorities
Minister Giovannini has also sent a circular to the main public contracting authorities (Rfi, Anas, Port System Authority, Public Works Departments, etc.) inviting them to proceed as quickly as possible with the payment of the compensation on the contracts to the companies: a response to the criticism of the excessively long path to get to the payment of the compensations.
Changes in the prices of construction materials recorded in the second half of 2021
The Mims decree defines the most significant changes in the prices of construction materials recorded in the second half of 2021 (compared to the 2020 average), calculated from the surveys carried out by the National Institute of Statistics, the Chambers of Commerce and the Boards of Public Works…
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