United States:
Michael Wagner Interviewed In The Morning Huddle Podcast
20 April 2022
Seyfarth Shaw LLP
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Seyfarth Construction associate Michael Wagner spoke on the
topic of fair legal solutions to material cost escalation in the
April 19th episode of The Morning Huddle podcast
"Contractual Solutions to Cost Escalation."
Specialty contractors are feeling deeply exposed as they produce
estimates today with prices that may be completely irrelevant
tomorrow. Owners, of course, want price certainty in a totally
uncertain market. Companies caught on the wrong side of this issue
are risking devastating losses, and some companies are considering
bowing out of the market right now rather than gamble on what seems
like losing odds. The podcast discussed how contracts can protect
everyone involved in a construction project. Listen to the full podcast here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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