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219. Tariff-Proof Your Business: A Construction Lawyer's Playbook - Trent Cotney

Contractor Evolution

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Navigating Supply Chain Challenges in Construction

This chapter focuses on effective strategies for managing supply chain costs in the construction industry, emphasizing the significance of indexed pricing and contingency allowances. It highlights the necessity of staying informed on economic indicators and tariffs, providing actionable insights for contractors to mitigate financial risks. Furthermore, it emphasizes the importance of proactive financial planning, including scenario planning, strong contractual provisions, and effective communication with suppliers to address potential disruptions.

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