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Home » ConstructorCast – Material Price Escalation, Delays, and COVID-19
ConstructorCast

ConstructorCast – Material Price Escalation, Delays, and COVID-19

February 23, 2022Updated:June 5, 2024No Comments1 Min Read
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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.

Guests:

Greg Sweeso, Project Manager, Preconstruction at Tarlton Corporation
www.tarltoncorp.com/

Jack Mumma, Construction Contract Administrator, Michigan State University
ipf.msu.edu/

Ronald Ciotti, Partner at Hinckley, Allen & Snyder LLP
www.hinckleyallen.com/

Resources:

ConsensusDocs Price Escalation Resource Center – www.consensusdocs.org/price-escalation-clause/

New COVID-19 Epidemic Contract Rider Helps Guide General Contractors and Subcontractors Through Uncertain COVID-19 Construction Risk Management – www.agc.org/industry-priorities…aw/construction-law

AGC Construction Inflation Alert – www.agc.org/learn/construction-…ion-inflation-alert

AGC 2021 Convention Slides:
www.agc.org/sites/default/files…ention%20Slides.pdf

Construction Trends & Outlook:
www.agc.org/sites/default/files…20%26%20outlook.pdf

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Latest News

Trump Administration Pauses Enforcement on Portions of the Mental Health Parity Rules

May 29, 2025

AGC Supports the Rollback of Beneficial Reporting Requirements under the Corporate Transparency Act; Urges President Trump to go further.

May 29, 2025

SCOTUS Narrows the Scope of Environmental Review

May 29, 2025

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