With President-elect Donald Trump’s announcement of a 25% tariff on goods from Mexico and Canada, contractors and project owners are bracing for potential ripple effects across the construction industry. From material shortages to skyrocketing costs, the implications of these tariffs could be far-reaching.
To help industry professionals prepare, a webinar titled The Art of Dealing with Tariffs will be held on Tuesday, January 21st, 2025, from 2:00 to 3:00 pm EST. Designed for contractors, trade contractors, and owners, this essential session will equip participants with actionable tools and strategies to mitigate the financial and logistical disruptions caused by tariffs.
Why Attend?
Navigating a volatile market is challenging, but preparation is key. This webinar offers expert guidance on:
- Risk Assessment: Learn how to evaluate the potential impact of tariffs on both current and future projects.
- Procurement Strategies: Discover bidding and purchasing processes to minimize cost increases before they occur.
- Contract Insights: Gain practical tips for leveraging existing contract provisions, such as change-of-law clauses, to address tariff-related risks.
- Custom Contract Language: Craft tailored terms like price escalation clauses to ensure fair risk allocation between contractors and owners.
Participants will also receive a free sample of the ConsensusDocs 200.1 Price Escalation Addendum, a valuable tool for managing unpredictable cost changes.
Expert Speakers
The webinar will feature seasoned legal and industry professionals:
- Levi Barrett, Partner, Peckar & Abramson
- Ron Ciotti, Partner, Hinckley Allen
- Joseph Leone, Partner, Drewry Simmons Vornehm, LLP
- Brian Perlberg, Executive Director of the ConsensusDocs Coalition & Senior Counsel, ConsensusDocs
For more details and to register, click here.