Robert Cox

Robert Cox

Williams Mullen

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Material Price Escalation: Workable Compromises Versus Traditional Allocation of Risk Expectations

Rapid material price escalation is a costly reality of today’s construction industry. How long this escalation will be a reality is anyone’s guess. In the meantime, there are workable solutions; but those pressing for...more

5/27/2022  /  Construction Contracts , Construction Industry , Construction Project , Contract Terms , Force Majeure Clause , General Contractors , Impossibility , Price Inflation , Risk Allocation , Supply Chain
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