Coping With Volatile Construction Prices
Any construction company that has been in business as long as we have has weathered some storms when it comes to material supply and pricing. Small hiccups in the system can lead to surprisingly large delays or skyrocketing pricing. What’s more, we can’t always predict exactly when things will return to normal. Fortunately, we have ways of coping with volatile construction prices and navigating this current market.
Managing Expectations About Pricing And Availability
The feedback we receive often is that our team communicates well before, during, and after the construction process. During challenging construction seasons, this becomes especially important. We communicate with our clients about any changes so that they can manage their expectations.
Clear Contracts To Account For Construction Prices
We take the time to ensure that contracts are clear and reflect the current market for the supplies you need. The goal is for both parties to understand the terms completely and leave flexibility to handle unexpected circumstances.
Watch The Schedule, Limit The Changes
Developing a schedule early -and sticking to it- is the best way to avoid higher costs. That means as a client, you need to be mindful of making last-minute changes that could derail progress. Ordering material at one price, then having to re-order it several months into a project, may subject you to higher pricing. Plus, it makes it harder to meet the final deadline.
Dunlap has the experience to help you with your construction project, even during less than ideal building times. Over our 40+ years in service, we have a solid supplier network that increases our chances of sourcing material at fair prices. Above all, we strive to provide the same level of service under difficult conditions as we do when it is smooth sailing. Integrity, honesty, and fairness are core parts of our mission. Reach out to us today to discuss your next project – we look forward to serving you!
Trackback from your site.