Summary
AGC's chief economist warned that construction input costs are up 7.5% year over year, California diesel is up 34%, and steel/aluminum tariffs near 50% will push future bid prices sharply higher — meaning RCTC projects will cost more.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 12, 2026.
Impact analysis
Expect noticeably higher bids on upcoming RCTC construction contracts.
Contractors with available capacity may find more work as competitors shift to data centers.
Taxpayers and agencies funding transportation projects face higher costs for the same scope of work.
Mentions & discussions (1)
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