Managing the Risk of Cost Escalation and Labor and Material Shortage

June 24, 2021 at 8:00am9:00am

Cost escalation and labor and material shortages are presenting tremendous challenges for contractors and subcontractors as the scarcity of workers, lumber, and other commodities are causing delays and increased costs. Join Preti Flaherty's Kenneth Rubinstein and Anthony Manhart and Cross Insurance's Giles Boucher for practical strategies that contractors and subcontractors can use to manage risks for new and ongoing projects.  The panel will also discuss recent real world examples of the impact of cost escalation and labor shortage issues on the construction industry and insurers.