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Date: Tue, 19 Apr 2022 08:11:30 -0500
From: Billd <grow@billd.com>
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To: info@sterlingcal.com
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Subject: =?utf-8?Q?2022_Subcontractor_Market_Report:_[Download_Now]_=F0=9F=93=8A?=
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The Market Report is back and more comprehensive than ever, based on insigh=
ts from nearly 800 construction professionals.

Don't Miss It:

2022 National Subcontractor Market Report

READ NOW
(https://mail.billd.com/e3t/Ctc/GD+113/cGz8r04/VW44TH8KnpCqW3jJFhS7fWdrnW1F=
PBGm4J3n9LN4313Jw3pdrLV1-WJV7CgScmW63Sb3V8WH6nzW1mGcVN5l9QQ-W8gVxLV4_GRGhW3=
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1VV-kM1n8rXHZ3W8XZh594ybC6VW4Ph1Md1VPp-qW4nqNM31jC-w9Vgvnp-6Rf-P7W6zY8r96gK=
_8pW8SRlxl16yVRLVzBWcy41kKJJW3fDnLc5vhZhpW8JnVQ_4w9Mf7V-kDNh60pcQ5351C1 )

Labor Shortages & Market Volatility are Top of the List for Subcontractors

Last year our annual report indicated a calming of market conditions after =
the storm of the pandemic. This year's report told a different story.

The National Subcontractor Market Report is back and more comprehensive tha=
n ever, based on insights from nearly 800 construction professionals.

Key takeaways include:

- 88% of contractors expect to be affected by material price increases and =
pricing volatility (pricing)
- While 87% believe the availability of materials and increased lead times =
(procuring) will impact their business
- Despite the rising cost of materials, contractors=E2=80=99 bids aren=E2=
=80=99t reflecting these increased costs
- There=E2=80=99s a surge in technology adoption, with 72% of contractors s=
eeking new technologies to drive business efficiency

READ NOW
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_8pW8SRlxl16yVRLVzBWcy41kKJJW3fDnLc5vhZhpW8JnVQ_4w9Mf7V-kDNh60pcQ5351C1 )

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nTw3LhNV7W16XfKd1PYfLmW7b-2s76CW-lhN3H6D55bLqKH36PJ1 )

Billd, 2700 W Anderson Lane Suite 206, Austin, TX, 512-270-4805

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p;width=3D480&amp;upscale=3Dtrue&amp;name=3Dlogo_dark.png 240w" sizes=3D"(m=
ax-width: 120px) 100vw, 120px">
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    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
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pse;border-spacing:0;">
      <table align=3D"center" style=3D"border-collapse:collapse;mso-table-l=
space:0pt;mso-table-rspace:0pt;width:600px;" cellpadding=3D"0" cellspacing=
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      <tr style=3D"background-color:#2880f8; background-image:url('https://=
5599175.fs1.hubspotusercontent-na1.net/hubfs/5599175/Billd%20-%20Concrete%2=
0Background.png'); background-position:center; background-repeat:no-repeat;=
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  <table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D=
"100%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-=
table-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" =
style=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-famil=
y:Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; =
padding:50px 40px 0px"><div id=3D"hs_cos_wrapper_module_16499732178504" cla=
ss=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" styl=
e=3D"color: inherit; font-size: inherit; line-height: inherit;" data-hs-cos=
-general-type=3D"widget" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrap=
per_module_16499732178504_" class=3D"hs_cos_wrapper hs_cos_wrapper_widget h=
s_cos_wrapper_type_rich_text" style=3D"color: inherit; font-size: inherit; =
line-height: inherit;" data-hs-cos-general-type=3D"widget" data-hs-cos-type=
=3D"rich_text"><h1 style=3D"margin:0; mso-line-height-rule:exactly; font-si=
ze:36px; line-height:115%; text-align:center" align=3D"center"><span style=
=3D"color: #ffffff;">Don't Miss It:</span></h1>
<h1 style=3D"margin:0; mso-line-height-rule:exactly; font-size:36px; line-h=
eight:115%; text-align:center" align=3D"center"><span style=3D"color: #ffff=
ff;">2022 National Subcontractor Market Report</span></h1></div></div></td>=
</tr></tbody></table>
<div id=3D"hs_cos_wrapper_module_16499707685021" class=3D"hs_cos_wrapper hs=
_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; fo=
nt-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widget=
" data-hs-cos-type=3D"module">
=09
<table class=3D"hse-image-wrapper" role=3D"presentation" width=3D"100%" cel=
lpadding=3D"0" cellspacing=3D"0" style=3D"border-spacing:0 !important; bord=
er-collapse:collapse; mso-table-lspace:0pt; mso-table-rspace:0pt">
    <tbody>
        <tr>
            <td align=3D"center" valign=3D"top" style=3D"border-collapse:co=
llapse; mso-line-height-rule:exactly; font-family:Arial, sans-serif; color:=
#000000; word-break:break-word; text-align:center; padding:0px; font-size:0=
px">
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                <img alt=3D"1347870_Billd-IndustryReport-SponsoredContent_0=
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rt-SponsoredContent_041822.png?width=3D1200&amp;upscale=3Dtrue&amp;name=3D1=
347870_Billd-IndustryReport-SponsoredContent_041822.png" style=3D"outline:n=
one; text-decoration:none; -ms-interpolation-mode:bicubic; max-width:100%; =
font-size:16px" width=3D"600" align=3D"middle" srcset=3D"https://mail.billd=
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ryReport-SponsoredContent_041822.png 1200w" sizes=3D"(max-width: 600px) 100=
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left:10px; padding-right:10px">
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      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
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      <table align=3D"center" style=3D"border-collapse:collapse;mso-table-l=
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"100%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-=
table-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" =
style=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-famil=
y:Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; =
padding:20px 40px 10px"><div id=3D"hs_cos_wrapper_module_16502931835381" cl=
ass=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" sty=
le=3D"color: inherit; font-size: inherit; line-height: inherit;" data-hs-co=
s-general-type=3D"widget" data-hs-cos-type=3D"module">
 =20
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role=3D"presentation" style=3D"border-spacing:0 !important; mso-table-lspac=
e:0pt; mso-table-rspace:0pt; border-collapse:separate!important">
    <tbody><tr>
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esentation"  valign=3D"middle" style=3D"border-radius:0px;cursor:auto;backg=
round-color:#2880f8;border:5px solid #2880f8;box-sizing:border-box;padding:=
12px 18px;">
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      <td align=3D"center" valign=3D"middle" bgcolor=3D"#2880f8" role=3D"pr=
esentation" style=3D"border-collapse:collapse; mso-line-height-rule:exactly=
; font-family:Arial, sans-serif; font-size:15px; color:#000000; word-break:=
break-word; border-radius:0px; cursor:auto; background-color:#2880f8; borde=
r:5px solid #2880f8; box-sizing:border-box">
   <!--<![endif]-->
        <a href=3D"https://mail.billd.com/e3t/Ctc/GD+113/cGz8r04/VW44TH8Knp=
CqW3jJFhS7fWdrnW1FPBGm4J3n9LN4313Jw3q3n_V1-WJV7CgNSlW8tW_Jt99YJ9MN7wB_vHT_r=
_JW1fJd-k83Wf3tW4vsXp55c3dS8W7sW5Zs7klVmwW9lHJCW2y6nbFN5sdlTB1pQZRW4TBqR944=
3HWtW4_jRS35FGNBFW8Pzd8m6q7NJTW1DGfzM5r5YCqW98XFLN3cStl2Vr-fG49k9zZ0W3_L6FY=
9fKdSKW60XMTH34tmQXW72VRRZ1g-wpKW8WSVzk5GrgFmW3HRbj479MWx4W3DXS6_3lwr1HW6CJ=
NLF66wySBW2_HqM39bZVkWW3tHrJR53-4W_N8Bqn74CYY2fN2qh6STs6s5DW2QrM228B336QW8h=
W6GH3VmJG73hGG1" target=3D"_blank" style=3D"color:#00a4bd; mso-line-height-=
rule:exactly; font-size:19px; font-family:Arial, sans-serif; Margin:0; text=
-transform:none; text-decoration:none; padding:12px 18px; display:block" da=
ta-hs-link-id=3D"0">
          <strong style=3D"color:#ffffff;font-weight:normal;text-decoration=
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adding-right:10px">
   =20
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    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; width:100%; Margin-left:auto; Margin-right:auto; border-collapse:=
collapse; border-spacing:0; background-color:#ffffff; padding-bottom:40px; =
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      <div class=3D"hse-column-container" style=3D"min-width:280px;max-widt=
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pse;border-spacing:0;">
      <table align=3D"center" style=3D"border-collapse:collapse;mso-table-l=
space:0pt;mso-table-rspace:0pt;width:600px;" cellpadding=3D"0" cellspacing=
=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
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30px;">
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  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"border-collapse:collapse;mso-table-lspace:0pt;mso-table-rsp=
ace:0pt;width:600px">
<![endif]-->
<div id=3D"column-1-0" class=3D"hse-column hse-size-12">
  <table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D=
"100%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-=
table-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" =
style=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-famil=
y:Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; =
padding:10px 40px"><div id=3D"hs_cos_wrapper_module_16499733919586" class=
=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=
=3D"color: inherit; font-size: inherit; line-height: inherit;" data-hs-cos-=
general-type=3D"widget" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapp=
er_module_16499733919586_" class=3D"hs_cos_wrapper hs_cos_wrapper_widget hs=
_cos_wrapper_type_rich_text" style=3D"color: inherit; font-size: inherit; l=
ine-height: inherit;" data-hs-cos-general-type=3D"widget" data-hs-cos-type=
=3D"rich_text"><h2 style=3D"margin:0; mso-line-height-rule:exactly; line-he=
ight:125%; font-size:28px"><span style=3D"color: #000000;">Labor Shortages =
&amp; Market Volatility are Top of the List for Subcontractors</span></h2><=
/div></div></td></tr></tbody></table>
<table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-ta=
ble-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" st=
yle=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-family:=
Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; pa=
dding:10px 40px"><div id=3D"hs_cos_wrapper_module-1-0-0" class=3D"hs_cos_wr=
apper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inh=
erit; font-size: inherit; line-height: inherit;" data-hs-cos-general-type=
=3D"widget" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapper_module-1-=
0-0_" class=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_ric=
h_text" style=3D"color: inherit; font-size: inherit; line-height: inherit;"=
 data-hs-cos-general-type=3D"widget" data-hs-cos-type=3D"rich_text"><p styl=
e=3D"mso-line-height-rule:exactly; margin-bottom:10px; line-height:150%"><s=
pan style=3D"color: #000000;">Last year our annual report indicated a calmi=
ng of market conditions after the storm of the pandemic</span>. <span style=
=3D"font-weight: bold;">This year's report told a different story.</span></=
p>
<p style=3D"mso-line-height-rule:exactly; font-weight:bold; line-height:150=
%">&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; font-weight:bold; line-height:150=
%"><span style=3D"color: #000000;"><span style=3D"font-weight: normal;">The=
 <em>National Subcontractor Market Report</em> is back and more comprehensi=
ve than ever, based on insights from nearly 800 construction professionals.=
</span></span></p>
<p style=3D"mso-line-height-rule:exactly; font-weight:bold; line-height:150=
%">&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; font-weight:bold; line-height:150=
%"><span style=3D"color: #000000;">Key takeaways include:</span></p></div><=
/div></td></tr></tbody></table>
<table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-ta=
ble-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" st=
yle=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-family:=
Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; pa=
dding:0px 40px 10px"><div id=3D"hs_cos_wrapper_module_16499727578552" class=
=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=
=3D"color: inherit; font-size: inherit; line-height: inherit;" data-hs-cos-=
general-type=3D"widget" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapp=
er_module_16499727578552_" class=3D"hs_cos_wrapper hs_cos_wrapper_widget hs=
_cos_wrapper_type_rich_text" style=3D"color: inherit; font-size: inherit; l=
ine-height: inherit;" data-hs-cos-general-type=3D"widget" data-hs-cos-type=
=3D"rich_text"><ul style=3D"mso-line-height-rule:exactly; line-height:175%"=
>
<li style=3D"mso-line-height-rule:exactly"><span style=3D"color: #000000;">=
<strong>88%</strong> <span style=3D"font-weight: normal;">of contractors ex=
pect to be affected by material price increases and pricing volatility (pri=
cing)</span></span></li>
<li style=3D"mso-line-height-rule:exactly"><span style=3D"color: #000000;">=
While <strong>87%</strong> believe the availability of materials and increa=
sed lead times (procuring) will impact their business</span></li>
<li style=3D"mso-line-height-rule:exactly"><span style=3D"color: #000000;">=
Despite the rising cost of materials, contractors=E2=80=99 bids aren=E2=80=
=99t reflecting these increased costs</span></li>
<li style=3D"mso-line-height-rule:exactly"><span style=3D"color: #000000;">=
There=E2=80=99s a surge in technology adoption, with <strong>72%</strong> o=
f contractors seeking new technologies to drive business efficiency</span><=
/li>
</ul></div></div></td></tr></tbody></table>
<table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" style=3D"border-spacing:0 !important; border-collapse:collapse; mso-ta=
ble-lspace:0pt; mso-table-rspace:0pt"><tbody><tr><td class=3D"hs_padded" st=
yle=3D"border-collapse:collapse; mso-line-height-rule:exactly; font-family:=
Arial, sans-serif; font-size:15px; color:#000000; word-break:break-word; pa=
dding:10px 40px"><div id=3D"hs_cos_wrapper_module_16499731547083" class=3D"=
hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"c=
olor: inherit; font-size: inherit; line-height: inherit;" data-hs-cos-gener=
al-type=3D"widget" data-hs-cos-type=3D"module">
 =20
  <table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" style=3D"border-spacing:0 !important; mso-table-lspac=
e:0pt; mso-table-rspace:0pt; border-collapse:separate!important">
    <tbody><tr>
        <!--[if mso]>
      <td align=3D"center" valign=3D"middle" bgcolor=3D"#2880f8" role=3D"pr=
esentation"  valign=3D"middle" style=3D"border-radius:0px;cursor:auto;backg=
round-color:#2880f8;border:5px solid #2880f8;box-sizing:border-box;padding:=
12px 18px;">
    <![endif]-->
    <!--[if !mso]><!-- -->
      <td align=3D"center" valign=3D"middle" bgcolor=3D"#2880f8" role=3D"pr=
esentation" style=3D"border-collapse:collapse; mso-line-height-rule:exactly=
; font-family:Arial, sans-serif; font-size:15px; color:#000000; word-break:=
break-word; border-radius:0px; cursor:auto; background-color:#2880f8; borde=
r:5px solid #2880f8; box-sizing:border-box">
   <!--<![endif]-->
        <a href=3D"https://mail.billd.com/e3t/Ctc/GD+113/cGz8r04/VW44TH8Knp=
CqW3jJFhS7fWdrnW1FPBGm4J3n9LN4313Jw3q3n_V1-WJV7CgXQ5W35TTDh517YNYW2cvJFl919=
6_kVYKl1Y2DbcZXV993RY1y2YQhW7gZRyb2YpyDvW2kVF4t1nTMjSW8nw21x5r-JHjW436qg31b=
q1fhN14BF7Hd3kkbN72PSbQd5qnXN2HRj8bVnxHgW25tzJw2_Ygd5W5RpdK31F3lwHW1yCrmv2s=
PTpfVGHJk52Pc0WqW8YlTgM4HxnDbW6K3fSX96x5QZW8MSqPT7LvXssW225bfz9c6nQPW38gZYR=
6mVZZpW7Pm4967TblPsW2MW5j286LLqRW8Gq-DY3Nl03LW1q6R1l49lKwRW5WpdBl4BQHrGW7vx=
zyX56VSk032Sp1" target=3D"_blank" style=3D"color:#00a4bd; mso-line-height-r=
ule:exactly; font-size:19px; font-family:Arial, sans-serif; Margin:0; text-=
transform:none; text-decoration:none; padding:12px 18px; display:block" dat=
a-hs-link-id=3D"1">
          <strong style=3D"color:#ffffff;font-weight:normal;text-decoration=
:none;font-style:normal;">READ NOW</strong>
        </a>
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  =20
  </div>
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     =20
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id=3D"0" target=3D"_blank">
                 =20
                 =20
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                 =20
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             =20
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  =09=09</td>
     =20
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id=3D"0" target=3D"_blank">
                 =20
                 =20
                  <img src=3D"https://mail.billd.com/hs/hsstatic/TemplateAs=
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                 =20
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             =20
             =20
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  =09=09</td>
     =20
      <td style=3D"border-collapse:collapse; mso-line-height-rule:exactly; =
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                 =20
                 =20
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                 =20
                </a>
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             =20
             =20
          </tr>
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  =09=09</td>
     =20
      <td style=3D"border-collapse:collapse; mso-line-height-rule:exactly; =
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portant" data-hs-link-id=3D"0" target=3D"_blank">
                 =20
                 =20
                  <img src=3D"https://mail.billd.com/hs/hsstatic/TemplateAs=
sets/static-1.24/img/hs_default_template_images/modules/Follow+Me+-+Email/y=
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                 =20
                </a>
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             =20
             =20
          </tr>
        </tbody>
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  =09=09</td>
     =20
    </tr>
  </tbody>
</table></div></td></tr></tbody></table>
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  =20
  </div>
  <div id=3D"section-2" class=3D"hse-section hse-section-last" style=3D"pad=
ding-left:10px; padding-right:10px; padding-bottom:20px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
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th:600px; width:100%; Margin-left:auto; Margin-right:auto; border-collapse:=
collapse; border-spacing:0; padding-bottom:20px">
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   =20
    <!--[if (mso)|(IE)]>
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h:600px;width:100%;Margin-left:auto;Margin-right:auto;border-collapse:colla=
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apper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; font-size=
: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widget" data-=
hs-cos-type=3D"module">
 =20
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 =20
 =20
 =20
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<table role=3D"presentation" class=3D"hse-footer hse-secondary" width=3D"10=
0%" cellpadding=3D"0" cellspacing=3D"0" style=3D"border-spacing:0 !importan=
t; border-collapse:collapse; mso-table-lspace:0pt; mso-table-rspace:0pt; fo=
nt-family:Arial, sans-serif; font-size:12px; line-height:135%; color:#23496=
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ottom:0; line-height:135%; padding:10px 20px">
               =20
                <p style=3D"mso-line-height-rule:exactly; font-family:Arial=
, sans-serif; font-size:12px; font-weight:normal; text-decoration:none; fon=
t-style:normal; color:#23496d; direction:lrt" dir=3D"lrt">
                  Billd, 2700 W Anderson Lane Suite 206, Austin, TX, 512-27=
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------=_Part_944734_1430363394.1650373890077--

