News & Analysis as of

Supply Chain Price Adjustments

Seyfarth Shaw LLP

Drafting Smarter: Force Majeure and Price Escalation Clauses in a Tariff-Heavy Era

Seyfarth Shaw LLP on

In light of recent disputes, international construction firms are rethinking how they draft force majeure and price escalation provisions to better address tariff-induced cost increases. While traditional force majeure...more

Warner Norcross + Judd

Warner Client AirBoss Secures $3.5 Million Judgment in Trial Following Landmark Supreme Court Decision

Warner Norcross + Judd on

In a court opinion that borrowed at length from the infamous “My father made him an offer he couldn’t refuse” scene from The Godfather, Warner’s client AirBoss Flexible Products prevailed in a high-profile supply chain...more

Clark Hill PLC

Clark Hill 2023 Automotive & Manufacturing Industry Outlook: Supply Chain

Clark Hill PLC on

Obtaining Price Adjustments Under Requirements Contracts - Suppliers in the automotive industry often have fixed price requirement contracts with their customers for the life of a vehicle program. This means pricing, unless...more

Porter Hedges LLP

Price Escalation Considerations in Construction Contracts

Porter Hedges LLP on

With material cost volatility in the current market, the topic of price escalation clauses is more prevalent. Some material costs are up and other costs are now down. Traditional lump sum contract structures do not take into...more

Vinson & Elkins LLP

Contracting for an Uncertain Future: A checklist for contracting in a high-risk inflationary market

Vinson & Elkins LLP on

The global construction and engineering industries are grappling with inflationary pressure, continued impacts from COVID-19 plus material and labour price increases....more

McCarter & English Blog: Government Contracts...

DoD Braces for Inflation: Guidance for Contractors Battling Rising Costs

Unless you’ve been living under a rock or on a self-sustaining deserted island, the chances are high that you have become quite familiar with the term “inflation” (i.e., the rising costs of goods and services) over the past...more

Fox Rothschild LLP

DOD Addresses Material Escalation Costs and Inflation for Government Contractors

Fox Rothschild LLP on

Inflation and the increased cost of doing business are having a nationwide impact — and there is no exception for Government Contractors. As we recently covered contractors experiencing material cost escalation on...more

Fox Rothschild LLP

Material Escalation: A Difficult Road to Recover Costs

Fox Rothschild LLP on

The annual inflation rate in the United States rose 7% in 2021, its highest rate since 1982. The construction industry has not been immune from this general trend, with steel prices rising 200% and lumber prices soaring as...more

Snell & Wilmer

Construction Cost Impacts Post COVID-19: Cost Escalation and Delay

Snell & Wilmer on

The current state of the construction industry as it concerns cost escalation and supply issues is one of uncertainty and time of performance problems resulting in increasing costs. There are major disruptions and delays in...more

Stinson LLP

Material Cost Escalation: Who Bears the Cost Now? And, What Can Be Done to Address the Problem in the Future?

Stinson LLP on

While an increase in construction costs for materials is not new to the industry, the extent of the cost increases during this COVID-19 time may be beyond anyone's experience. Prior to COVID-19, material costs have spiked for...more

10 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide