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How to Legally Safeguard Against Unpredictable Material Costs
Manage episode 475630805 series 2887054
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How can construction professionals protect themselves from unpredictable material price increases?
Karalynn Cromeens emphasizes the importance of including a material price escalation clause in contracts to safeguard against financial strain due to rising costs. These clauses ensure contractors and subcontractors can recover any additional expenses when prices surge. By being proactive in contract provisions, businesses can prevent financial setbacks in uncertain times.
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