That's an understatement. Fiberglass (GFRP) tops out at roughly US$ 2.50/foot, while SS can get up to $9:
* https://www.wellcoindustries.com/the-cost-of-rebar-and-the-c...
The low-end of plain steel rebar is $0.40.
I think people are often surprised how little materials cost affects the total cost of a job.
I'm having this argument at work, where I want some more expensive cabling installed in a bunch of offices across Scotland so it doesn't need to be done again in another ten year's time, but "that stuff is so expensive, do we really need it?" is what I'm running up against.
So as it turns out today I'm giving them a breakdown of the cost of the job. Guess what the expensive bits are?
Did you guess "wages for two guys, hotel rooms for two guys, 800 miles of diesel, and a couple of ferry tickets?"
Well, you're way ahead of today's crowd then.
1. (Design) Building floorplate and architectural complexity (i.e., divergence from 'big box')
2. (Construction) Schedule adherence. Almost any one-off expense to stick to the schedule is worth it, but to your point, these are often challenged or delayed. Building and testing equipment on skids off-site is almost always worth it.
3. (Design/Commissioning) Schedule adherence. For commissioning this is typically driven by design choices (did you pick a high-TRL process, or if not, do all the work required to mature it in parallel to construction?) and by building the right commissioning team (knows their job, knows the plant).
If more expensive plant & equipment gets you ahead on any of these 3, 99% of the time that is an overall optimisation.
The net result, we topped out and roofed the big house, then built the small house in its entirety while the owners of the big house chose their windows. Add that in favour of waterfall design...
I've never worked in this field as the GP, but I have family that do and I've heard plenty of stories and made my own observations, but definitely take my two cents with plenty of salt. Maybe GP will reply also.
This is what's interesting with AI pricing at the moment - it has gone from "a fraction of the equivalent labour cost" and so people have tried to cut staff, and is moving to "on par with labour cost" and all the calculations change.
Our house flooded about half a foot a year or two ago. I had to replace all the baseboards. The damage was assessed at $40k. I tried to contact contractors to do the work, but the job was so insignificant compared to other jobs in the area, and we were in the middle of getting our house raised, that it was taking forever.
Including tools I did not have prior, material costs ran about $5k - $7k. I did the work around my job and other obligations, so about one day a week for a couple of months. If I were to honestly guess, it probably took me about two weeks. And that's measuring, cutting, installing, caulking, and painting. And there were some inefficiencies in my process.
Because people don't understand how much compliance and box checking and check the guy who checked the last guy's work there is in a "you need government permission for this and not the easy permission they give a homeowner deck project" sized construction project.
It's because they frankly never did it. Nobody that had to contract something around the house is surprised by cost like that, it often costs more than price of renting equipment + you doing it yourself 3 times slower than an expert would did it, even if you're paid well.
There is reason there is so many DIY channels, labour costs are high and install costs of some stuff can be ridiculous (like 2 hour job to install AC costing more than cheap AC unit).
That's also partly the reason the more expensive materials are used - if they offer savings in labour (say way faster to put in), they might be worth it vs paying someone for more hours
We usually have a few freezes in the winter and some homes' pipes freeze. I was surprised, in speaking to a plumber, to find that pipe clamp installation had come to dominate the repair market (as opposed to repairing/replacing the leaky pipe).
In his first year this plumber had arrived at the plumbing supply house to find all pipe clamp orders backlogged two weeks! He thus determined to, during the warmer months, stockpile a cache of pipe clamps for the coming winter.
Furthermore, as SofTalker states, the fitting is usually left in-place instead of being replaced! Yet one more reason to have a prospective home inspected by someone who is very knowledgeable.
It was 300 quid.
I could not buy the materials for 300 quid.
Two guys showed up with eight slabs, half a tonne of Type 2 and half a tonne of sand, and then the next day the landscaper showed up and did about six hours of work to dig it all out, fill it all in, and put the slabs down.
It's absolutely perfect, exactly how I wanted it, and it would have taken me a couple of days and cost far more - and I'm quite good at that kind of stuff, it's just not what I do all day every day so the landscaper will be far better at it.
As far as I can tell, only one pier was built (using stainless steel rebar) and the presentation is comparing it to a hypothetical alternative as a theoretical exercise: "What if the Progreso Pier was built using carbon steel rebar?"
Progreso - great pier and a great kiteboarding spot.