Title: ASCC Position Statement #45
Publication: Concrete International
Appears on pages(s): 54-55
Keywords: contract, contractor, cost, owner
Unpredictable and unstable market factors are beyond the control of the concrete contractor and make it difficult to maintain the costs and schedules reasonably anticipated at bid time. Early dialogue regarding pricing levels, mill orders, availability of price lock mechanisms, and delivery date projections can maximize benefits to the owner and help minimize project risk.