The annual inflation rate in the United States rose 7% in 2021, its highest rate since 1982. The construction industry has not been immune from this general trend, with steel prices rising 200% and lumber prices soaring as...more
3/1/2022
/ Construction Contracts ,
Construction Industry ,
Court of Federal Claims ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Fixed Price Contracts ,
Force Majeure Clause ,
Material Suppliers ,
Price Adjustments ,
Price Inflation ,
Supply Chain ,
Supply Shortages