Protecting your profits: how to manage soaring construction material prices

0:00 Sponsor message
1:35 Introduction
2:17 Why are prices rising
5:56 Impact on construction
12:02 CCDC contracts and price adjustments
23:50 Un-foreseeability and good faith in contracts
30:50 Stipulated to fixed contract
31:54 Price escalation clauses
40:55 How to handle supply shortage
45:00 Contract negotiation
50:42 Claiming time and cost
54:07 Best advice for contractors
1:01:40 Closing

Twitter: https://bit.ly/34dlToh
LinkedIn: https://bit.ly/2YfrAOV
Upcoming events at CCA: https://bit.ly/3bDeTUO
Email Updates: https://bit.ly/31b2y5m

Disruptions in the supply chain have rocked the construction industry, causing unprecedented price escalations and shortages in the supply of materials. Our panel of legal practitioners Glenn Ackerley, Geza Banfai and Yvan Houle will discuss the contractual context of price escalations, how to manage increasing material costs on current projects and how to mitigate their impacts in the future.

Moderator: Mary Van Buren, President, Canadian Construction Association

Speakers
Glenn Ackerley, Partner, WeirFoulds LLP
Geza Banfai, Counsel, Construction & Infrastructure, McMillan LLP
Yvan Houle, Partner, Borden Ladner Gervais LLP

Видео Protecting your profits: how to manage soaring construction material prices канала ConstructionCAN