NEW! ConstructorCast Episode: Material Price Escalation, Delays, and COVID-19
Construction firms are coping with a seemingly unending series of supply-chain disruptions that are compounding problems caused by record materials cost increases and pandemic-induced challenges to operations. It has never been more important for project participants to be prepared with strategies to mitigate the risk of material price escalation and delays due to material shortages — in order to preserve the feasibility and profitability of the project. On this episode, Greg Sweeso of Tarlton Corporation, Jack Mumma of Michigan State University, and Ronald Ciotti of Hinckley, Allen & Snyder LLP share risk mitigation strategies available during the bidding, procurement, and contracting phases of the project.
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