ᐅ Price Increase – Our Construction Company Wants 21.4% More

Created on: 7 Sep 2021 16:10
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Pinkiponk
I am honestly shocked right now. Our construction company just informed me that they want 21.4% more money due to price increases in the building industry. At the moment, I am still stunned and can’t think clearly.
OWLer7 Sep 2021 20:46
Wow, that’s really intense. I wish you lots of strength to get through this.

However, I don’t understand why such an absurdly high amount is being demanded.

Our general contractor for the concrete structure mentions 5%, and the neighbor’s timber frame builder hasn’t had any price issues because he has over a year’s supply of timber in stock. The few pipes don’t really make that much of a difference.

The construction costs of a house include a significant portion of labor costs. As far as I know, there have been NO increases in wages in the relevant industries. I recently read that, for example, the wage negotiations in the construction sector were postponed.
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ypg
7 Sep 2021 21:32
@Pinkiponk
You posted links again in #32.
In your next life here, pick something similar to Pinkyponki or so, then people will know right away.
By the way, there is a moderated subforum here where you are allowed to mention your building permit / planning permission 🙂
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rdwlnts
7 Sep 2021 21:37
ypg schrieb:

By the way, there is a moderated subforum here where you are allowed to mention your main contractor (GC).

I had already tried that because of this exact general contractor. However, my post was never published, even though it was very moderate and openly worded.
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Chloe83
7 Sep 2021 21:43
rdwlnts schrieb:

This sounds familiar to me. The general contractor doesn’t start with K..., right?
I have also heard of a similar case from people I know. General contractor with K....
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HarvSpec
7 Sep 2021 21:45
rdwlnts schrieb:

The 0.6% rate applies only for 6 months. After that, it is added on top of the current price level. We seem to be in the same boat...

But the 6 months haven't passed yet, so this is not relevant at the moment; the fixed price was valid until 30.06.21.
That means currently a 1.8% surcharge would be contractually correct.
Or is there a flaw in my reasoning?
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rdwlnts
7 Sep 2021 21:51
The cellar and house installation appointment will take at least another 3 months, so the new prices will apply for this and any additional services.

Our material selection was in January. There is still no sign of the house...