Unanticipated price escalations in construction materials after the contract is executed have caused concern to owners and contractors. MCAA’s Recovery of Material Escalation Costs Arising From Steel and Aluminum Tariffs addresses the approaches contractors may assert to recover under fixed priced contracts for the price increases resulting from new tariffs on imported steel and aluminum. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.
The bulletin explores:
- Historic periods of price escalation
- Challenges of traditional price escalation recovery arguments
- Tariff-based price increases as additional avenues for recovery
- Contract clauses for tariffs
You may also be interested in MCAA’s Fixed Price Construction Contracts, Material Price Volatility and Contract Cost Adjustment Clauses, which discusses traditional arguments and approaches that contractors may pursue to recover for market-driven price escalation.
For a full list of available Management Methods Bulletins, including several on the topic of marketing, visit the Management Methods Bulletins page.
Have Questions or Need Personal Assistance?
Contact MCAA’s Frank Wall.
