Fluctuations in rebar and ready-mix concrete prices continue to create uncertainty in planning project costs. Contractors are trying to limit price risk through long-term supply agreements.
Managing Cost Risk
Defining a price adjustment mechanism for the main materials at the contract stage prevents potential disputes between client and contractor.
- Periodic price indexation for main materials
- Early ordering and stock planning for critical items
- Framework agreements with alternative suppliers
In our projects, we share cost tracking with the client through monthly reports, making deviations visible at an early stage.
