Business

Regaining Predictability by Planning for Price Fluctuations in Construction Materials

If project participants engage and work together toward completing the common goal, they can mitigate the risk of construction cost increases and add predictability to project materials prices by adding a few tools to their belts.
By Luke Cantrell and Michael Schollaert
December 15, 2021
Topics
Business
by Luke Cantrell
Luke Cantrell is an attorney at law firm Baker Donelson who represents clients in all aspects of construction law and disputes, as well as in general business litigation matters. He can be reached at lcantrell@bakerdonelson.com.
by Michael Schollaert
Michael Schollaert is an experienced construction attorney at law firm Baker Donelson who provides strategic and practical advice to his clients at every stage of the construction process, from contract drafting and review through project close-out and dispute resolution. He can be reached at mschollaert@bakerdonelson.com.

Related stories

Business
Construction Backlog Indicator Rises, Contractor Optimism Slips in July Cover Art

Construction Backlog Indicator Rises, Contractor Optimism Slips in July

By ABC
Backlog is up, but optimism is not. The ABC Backlog Indicator rose to 8.8 months in July, but that may mean fewer projects are coming to completion.
Business
Future-Proofing: Spend Your Money Smarter Cover Art

Future-Proofing: Spend Your Money Smarter

By Dave Gray
The economy is more uncertain than ever, and construction companies may feel the instinct to cut spending as a result. While simply spending less is an option, strategic spending in workforce management can prevent cost leaks and lock in the right skilled labor to keep your company moving forward.
Business
Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment Cover Art

Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment

By Scott Berman
Independent elevator companies are leveraging owner options, lower long-term costs, and supplier and equipment choice to compete against major proprietary brands. Who will come out on top?

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.