Partner Dan Sarzynski, leader of our Construction Law and Banking & Creditors Rights groups, recently authored an article, Protecting Your Bottom Line: Navigating Tariff-Related Price Escalations in Construction Contracts, for the Construction Exchange of Buffalo & WNY. In the article, he addresses the growing risk of price escalations in the construction industry tied to current trade policies.
Dan explores how contractors can take proactive steps to manage the impact of rising material costs linked to tariffs and market shifts. He highlights the importance of using well-structured price escalation clauses to fairly allocate risk and protect project profitability. The article also touches on practical alternatives for contractors when escalation clauses aren’t an option, offering strategies to stay flexible and competitive in a rapidly changing market.
Read the full article below.