Business
Four Safeguards for Material and Labor Price Variability
While predicting the future is impossible, there are steps contractors can take to minimize the risk of increasing construction input prices. The key is to recognize the potential for price variability before commitments are made.
By Vernon Howerton and Tim Fandrey
October 4, 2018
Topics
Business
by Vernon Howerton
Vernon is a construction law attorney in Gray Reed’s Dallas office. He has more than 25 years of experience helping businesses avoid and resolve commercial disputes through negotiation, alternative dispute resolution and litigation, with an emphasis on construction and government contract law. Howerton also has significant experience negotiating and documenting construction contracts and advising clients on the risks associated with various transactions.
by Tim Fandrey
As an attorney and former civil engineer, Tim Fandrey’s practice is primarily focused on helping general contractors, subcontractors, property owners, and developers resolve the wide variety of claims and litigation that can arise in commercial and residential construction projects. He also advises clients on a broad range of construction transactions and negotiates associated deal documents, including owner agreements, subcontractor agreements and design agreements.
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