Combating Material Supply Disruptions and Cost Escalation

James T. Rohlfing

Published

The construction industry is confronting new post-COVID challenges – construction materials shortages, extreme material price increases and supply chain disruptions, all of which are exacerbated by economic uncertainty. The industry is grappling with these trends by monitoring the availability of needed materials, and by negotiating contract clauses that address increased cost and shortage of materials and additional time that may be needed to perform the work. The linked article discusses the impact of the post-COVID problems confronting owners, contractors, subcontractors and suppliers, and it suggests methods for addressing them.

 

Read the article in Substance
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