Many of Hermanson’s clients – owners and general contractors – seek to understand the trends impacting Mechanical Construction Costs.

In the third quarter of 2023, we saw a minor increase in mechanical construction costs, demonstrated by our overall project price staying relatively static, rising 0.9% when compared to Q2 2023. The pricing shows that HVAC costs went up by approximately 2.2%, and plumbing costs decreased by 2.8%.