Analysis of material price impacts on costs in municipal engineering, suggesting effective regulation strategies.
Municipal engineering projects are characterized by long construction cycles and large investments, resulting in a high reliance on material resources. In recent years, influenced by multiple factors such as macroeconomic conditions, changes in supply-demand structures, and market expectations, the prices of key municipal engineering materials like steel, cement, and asphalt have exhibited frequent fluctuations, continuously impacting project cost control and investment decisions. The uncertainty in material prices not only undermines the accuracy of initial investment estimates but also complicates cost management and contract fulfillment during the construction phase. Against this background, systematically analyzing the impact mechanisms of material price fluctuations on cost formation and control in municipal engineering, along with exploring practical regulation strategies, holds significant practical importance for enhancing the foresight, stability, and risk resilience of municipal engineering cost management.
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李永钢 Yonggang Li (2025) studied this question.
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