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
Steel and other construction material tariffs necessitate careful evaluation and allocation of project cost and schedule risks. For example, when steel costs increased suddenly based solely on presidential executive orders,...more
5/3/2019
/ Bids ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Cost Allocation ,
Default ,
Force Majeure Clause ,
Material Suppliers ,
Request for Proposals ,
Right To Cure ,
Risk Allocation ,
Risk Mitigation ,
Steel Industry ,
Subcontractors ,
Tariffs ,
Transaction Costs ,
Written Notice