Watch out for the Price Escalation Clause in Construction Contracts
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Across the industry, homeowners, contractors, subcontractors, and suppliers alike have all experienced significant challenges related to the unprecedented increases in costs of raw materials. Lumber and steel represent two notable markets that have undergone seemingly uncontrollable price increases. Because both lumber, and steel form the bedrock upon which so much of our construction takes place, …
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The post Watch out for the Price Escalation Clause in Construction Contracts appeared first on TheLienZone Podcast.
Watch out for the Price Escalation Clause in Construction Contracts