#100: Dealing With Rising Costs
NH Construction Law
APRIL 29, 2021
It’s no secret to anyone involved in the construction industry that materials prices have been increasing by leaps and bounds recently. Steel, copper, PVC, drywall, and particularly lumber prices are dramatically higher compared to a year ago. And the trend continues to be up. In the traditional “fixed price” or “lump sum” mode of contracting, a construction project must be delivered by the contractor for the agreed price, subject to whatever contract provisions may
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