LibraryScenariosWhen material cost increases exceed fixed contract prices
Scenario

When material cost increases exceed fixed contract prices

The lumber prices doubled since I signed this contract three months ago and the client refuses to pay the difference.

Aurelius
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More people experience this than they realize.

What we've seen

Costs shot up after you signed, and now you're stuck eating the difference.

Ideas that help explain it
Worth thinking about

“Where Are You with Trades — Construction & General Contracting?”

If this sounds familiar, the Library can help you find the bigger picture.