Legal and Regulatory

Shift Risk of Materials Price Increases With Price Escalation Clauses

Who bears the responsibility for increases in materials costs—the owner, contractor or subcontractors—and what can be done to shift the risk going forward?
By Christopher Horton and Eugene J. Heady
August 24, 2021
Topics
Legal and Regulatory
by Christopher Horton
Christopher M. Horton is an attorney in Smith, Currie & Hancock LLP’s Fort Lauderdale office. Smith Currie is a nationally recognized law firm focusing on Construction Law and Government Contracts. 
by Eugene J. Heady
Eugene “Gene” J. Heady is an attorney with Smith, Currie & Hancock LLP, in the firm’s Atlanta office. Smith Currie is a nationally recognized law firm focusing on Construction Law and Government Contracts. 

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