report that the data centre construction market is hot or overheating
On average, what has been the percentage change in construction tender / bid prices
report a more than a 15% average increase in tender / bid prices
expect to see an increase in data centre construction claims / litigation during 2023 relating to cost escalation, inflation and supply chain issues
expect data centre construction costs to continue to rise in 2023
agree delays or challenges in securing power to sites have had a severe impact on data centre delivery
Respondents are more concerned by:
Schedule delays
Material prices
Labour prices
consider the data centre industry to be recession-proof
say that data centre construction has struggled to meet demand over the past 12 months
report that material shortages have caused delays to data centre construction over the past 12 months
To what extent have lead times for key data centre construction materials changed on average
report that an increase of more than 8 weeks in lead times for key data centre construction materials
agree there is a shortage of experienced data centre construction teams
don’t think the data centre sector has a clear, measurable plan to achieve net-zero carbon
are increasingly concerned about the solvency of the data centre supply chain
say construction tender / bid prices have escalated by a higher percentage in 2022 than 2021
© 2022 Turner & Townsend