9h • General discussion
Material Cost Increases and Contracts
Everybody is obviously very aware of how much costs are going up. Diesel, copper, aluminium are all up between 20-30%
So what can you actually do about it?
Well there are different options depending whether its pre-contract or post contract.
Pre-contract, you should always have an escalation clause in your contracts and go back-to-back with subcontractors
Post-contract you need to check what the T&Cs are in your head-contract and whether you can claim escalation. And for your sub-contractors, same principle
I go into it in more detail in this video
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Material Cost Increases and Contracts
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