Rapid material price escalation is a costly reality of today’s construction industry. How long this escalation will be a reality is anyone’s guess. In the meantime, there are workable solutions; but ...
Over the past year, the volatility of construction material prices has wreaked havoc on construction budgets and caused many disputes between owners, general contractors, subcontractors, and material ...
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Escalation clauses incrementally increase your offer on a home if the seller receives higher bids, up to a maximum price. Including one in your purchase offer can help you stay competitive without ...
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Construction contracts in uncertain times: The role of force majeure and escalation clauses
The global construction industry is susceptible to disruptions in the supply chain and price volatility. Recent geopolitical tensions and armed conflict in the Middle East have raised concerns about ...
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Getty Images, ...
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