Who Assumes the Risk of Material Cost Increases? As Always, It Depends!
Best Practices Construction Law
MAY 20, 2016
When a client asks me about a particular contract provision and why it is “unfair” or “uneven”, we began a discussion about risk allocation. You see, the contract is used to shift the various risks on the project to the party most appropriate to handle it. What about the risk of escalation in material costs?
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