Using Material Price Escalation Clauses to Offset Increasing Input Costs and Forecasting Post-Pandemic Price Drops

By: Tyler S. Lemen Since March of last year, construction input prices are up 12.4%.  Certain materials, like softwood lumber, iron, and steel, are up 83.4% and 37.5 %, respectively, since this time last year.  COVID-19 undoubtedly played a role in year-over-year price growth… Read More >