Freddy Munoz and Brett Moritz | Peckar & Abramson The impact of these price increases is being felt across a wide spectrum of projects and is beyond what could have reasonably been expected. Between the onset of the COVID-19 pandemic in March/April 2020 and mid-May 2021, lumber prices have risen an incredible 308% according to… Continue reading Soaring Construction Material Prices: Tips for Reducing Ever-Increasing Costs
Tag: Construction Material Prices
Mitigating the Effect of Construction Price Escalations
Jeff Reichard | Nexsen Pruet, PLLC 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 suppliers. For example, lumber prices have tripled, PVC and copper prices have almost doubled, and certain material suppliers have refused to hold… Continue reading Mitigating the Effect of Construction Price Escalations