Contractors issue Concrete/Steel Price Risk statement

Sources: American Society for Concrete Contractors, St. Louis; CP staff

The American Society of Concrete Contractors’ 45th Position Statement, “Managing Concrete Projects: Concrete/Steel Price and Delivery Volatility Risks,” provides a contractor’s point of view for architects, engineers, owners and other contract stakeholders contending with current supply chain volatility. 

The document explains how the recent unpredictable market fluctuation and supply shortages for construction materials are beyond the contractor’s control, making it difficult to maintain the costs and schedules anticipated at bid time. It calls for early involvement in project design whereby concrete contractors and their suppliers can best manage the material supply chain. “Collaboration can maximize benefits to the owner and help minimize project risk,” affirms ASCC Technical Director Bruce Suprenant. Copies of “Managing Concrete Projects” can be purchased at www.ascconline.org.

Related posts