Tariffs and Construction Contracts: Who Eats the Increase
A tariff price increase mid-job is a construction contract question, not a trade policy one. Here is which clause decides who pays, and what to do this week.
By Emily10 min read
Tag
price creep
23 articles tagged price creep from the CheckMySupply invoice audit desk.
Which Index to Use in a Construction Escalation Clause
Which index to use in an escalation clause for construction: name the BLS series that matches your actual material exposure, not a broad construction average.
By Emily11 min read
How to Write a Material Escalation Clause That Pays Out
How to write a material escalation clause: picking the threshold, the cap and the index, with real BLS series IDs and the arithmetic worked line by line.
By Emily12 min read
ConsensusDocs 200.1 Price Escalation vs AIA A201
ConsensusDocs 200.1 price escalation is a real standard clause. AIA A201 has no equivalent. Here is what each document actually gives you, and what to add.
By Emily9 min read
Material Price Escalation Clause: How to Get One Accepted
How a material price escalation clause works in construction contracts: the named index, the trigger, the cap, and what to say when the owner pushes back.
By Emily10 min read
Bid vs Actual Material Cost: How to Measure the Gap
Bid vs actual material cost analysis in one hour a month: what to compare, where the numbers come from, and how to feed the gap back into the next bid.
By Emily11 min read
How to Bid Using Historical Material Costs, Not Catalogs
Bid using historical material costs from your own invoices instead of catalog prices. Here is how to build the unit-cost table, escalate it, and check it.
By Emily10 min read
Material Contingency vs Escalation Clause: Which One
Material contingency vs escalation clause: one is money you carry and can lose, the other is a contract right to be paid. Here is which belongs on which job.
By Emily9 min read
Live Material Pricing Estimating Software vs Your Invoices
Live material pricing estimating software prices your bid off a catalog feed your distributor runs. Your own invoices show what you actually pay. Use both.
By Emily10 min read
Estimating Material Costs Under Price Volatility
Estimating material costs during price volatility is a system, not a bigger contingency. Date-stamped quotes, your own purchase history, and a closed loop.
By Emily11 min read
Gross Margin by Job vs by Trade in Construction
Company margin looks fine while two jobs bleed out. Here is why gross margin by job in construction exposes material leakage that trade-level averages hide.
By Emily11 min read
WIP Report Material Costs: What Your Banker Sees
Material cost overruns land in your WIP report before they land in your P&L. Here is how a banker and bonding agent read a contractor WIP, line by line.
By Emily10 min read
Why Your Job Went Over Budget on Materials
Your job went over budget on materials and the estimate may not be why. Here is how to tell a bad takeoff from a market move from an invoice that drifted.
By Emily11 min read
Material Price Variance Formula vs Quantity Variance
The material price variance formula splits a blown material budget into two problems: what you paid per unit, and how much you used. Here is how to run both.
By Emily10 min read
What a Distributor SPA (Special Pricing Agreement) Is
A special pricing agreement is a distributor SPA with the manufacturer, not with you. Here is how a SPA sets your price, and why it stops applying silently.
By Alex9 min read
Supplier Raised a Price Without Notice: What to Do Now
Your supplier raised a price without notice. What to do next: confirm it off your own invoices, script the counter conversation, and ask for the credit.
By Jordan11 min read
Material Cost Increase Impact on Contractor Profit: The Math
The material cost increase impact on contractor profit, in dollars: what 6% annual price drift costs a shop buying $40K a month, and what you get back.
By Jordan9 min read
Same Company, Different Prices: Supply House Branches
One supply house, different prices at the same company for the same SKU. Here is why branch pricing splits, how to prove it, and how to get one rate loaded.
By Jordan9 min read
Electrical Supply House Price Increase: 5 Places It Hides
An electrical supply house price increase rarely lands on the big-ticket line. Here are the five line items where it actually hides on your monthly invoice.
By Jordan9 min read
Why Did Material Prices Go Up? Supplier Creep or Market
Why did material prices go up at your supplier? Part of it is a real market move and part of it is drift. Four tests that tell you which one hit your invoice.
By Jordan10 min read
How to Track Material Price History From Your Invoices
The spreadsheet method to track material price history as a contractor: which columns to build from twelve months of supply-house invoices, and how to use it.
By Jordan13 min read
How to Negotiate With Your Supply House
Negotiating on personality gets you nowhere. Negotiating with twelve months of your own unit prices gets you a number. Here is how to run that conversation.
By Alex12 min read
Material Price Creep: What It Is and How to Spot It
Same part, same supplier, higher price every month, and no phone call. What material price creep is, why nobody flags it, and how to find it on your invoices.
By Jordan12 min read