Eldridge Acre Partners
May 15, 2025
Introducing the EAP Construction Market Update from Eldridge Acre Partners
The first edition of our new Quarterly Construction Market Update examines the potential impact of proposed U.S. tariffs on construction pricing amidst varying key indicators and macro factors. The report, developed by COO Paul Giorgio and EAP’s Design & Construction team, delivers timely insights into market dynamics, cost trends, and evolving construction risks.
Key Takeaways:
Tariff exposure appears manageable: EAP estimates GMP cost increases of just 2–5% if proposed tariffs are enacted.
Contractor pricing remains steady, and with demand softening, the current environment presents a favorable window for shovel-ready projects.
Advanced procurement, strategic material sourcing and comprehensive pre-construction planning remain essential tools to manage volatility and part of the EAP advantage.