President Trump’s prospective assessment of 25% tariffs on certain materials coming from Canada and Mexico, and prospective 10% tariffs on certain material from China, may increase contractor costs in fulfillment of...more
2/4/2025
/ Canada ,
China ,
Construction Contracts ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Contractors ,
International Trade ,
Mexico ,
Subcontractors ,
Supply Chain ,
Tariffs ,
Trade Relations
Contractors learned many lessons from 2020-2022 on material/labor availability, price escalation, and contractual allocations of risk. Prudent contractors will consider this in contracts moving forward....more
7/28/2022
/ Construction Contracts ,
Construction Liens ,
Construction Project ,
Contingency Plans ,
Contractors ,
Federal Funding ,
Labor Shortage ,
Material Suppliers ,
Price Inflation ,
Stop Work Orders ,
Supply Chain ,
Tax Incentives
Supply chain interruptions are reaching critical levels and suspending work on projects. Shortages of bridge coating materials is the most recent area of concern and could be potentially catastrophic to unprepared contractors...more