Rhian Cull | Goulston & Storrs Supply chain delays and rising material costs have contractors looking for ways to limit their risk, including refusing to commit to true guaranteed maximum prices — or “GMPs” — on contracts. Fortunately, there are steps owners can take to keep projects on time and under budget. “The incredible price… Continue reading Contractors Are All But Guaranteed To Balk At GMPs. Here’s What Project Owners Can Do About It
Tag: Supply Chain Delays
Supply-Chain Delays—Tactics for Recovering From an Out-of-Control Project
Michael F. McKenna and Jennifer R. Budd | Construction Law Now Blog For contractors trying to navigate the construction industry’s current supply-chain battles, President Dwight D. Eisenhower once articulated advice that, although not about the industry’s problem, is still right on point: “In preparing for battle I have always found that plans are useless, but… Continue reading Supply-Chain Delays—Tactics for Recovering From an Out-of-Control Project