Podcast – Why Escalation Clauses are Essential for Subcontractors
When material costs skyrocket overnight, who pays the price? Without the right protections, subcontractors are often left “holding the bag,” absorbing massive losses that can tank a project’s profitability.
In his latest podcast appearance, Mark B. Grzymala, founder of Grzymala Law Offices, joins Alec Papesch, Director of Strategic Partnerships at NCS Credit, to break down the shield every subcontract contractor needs in their agreements: an escalation clause.
Inside this episode, you’ll learn:
How to insulate your business from sudden labor and material price hikes.
Why standard contracts might be failing you in the current economy.
Strategies for negotiating fairer terms before you sign.
You can listen to Mark and Alec discuss this timely and important topic on your favorite podcast streaming platform, including the following:
Grzymala Law Offices, P.C. is a commercial litigation firm with a focus on the construction industry. We help contractors from negotiating contracts to getting paid for their hard work through mechanics liens and other remedies.