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Mortenson Q1 2025 Design Value Index Report: Non-residential development in Portland is off to a gentle begin in 2025. Though fees are soaring marginally throughout locations, labor and product availability stay stable. Worldwide trade guidelines and shifting tariff measures are impacting the availability chain, but Portland is viewing greater sourcing and less constraints.
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Sub Security: GCs at the moment are needed to go your change order promises upstream for approval. Subs at last get some leverage. No A lot more Waivers: If a deal tries to waive these new rights? Unenforceable. Period. ⚠️ Contracts signed just before January one, 2026 aren’t lined. So if you’re drafting lengthy-expression agreements now, Consider in advance. And do not forget about SB 61, also using influence Tyler Davis Sacramento January one, 2026. In the event you skipped my submit concerning this new legislation that caps retainage on sure tasks in California, test it out (link in remarks under ) Curious tips on how to prep for changes such as this in advance of they strike? Get my no cost OWN Your Contracts QuickStart Guide and find out how to review, redline, and negotiate with strategy → [connection in reviews down below ]
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