ConsensusDocs Webinar: The Art of Dealing with Tariffs

Description

Twenty-five isn’t just the number of the coming calendar year. President-elect Donald Trump announced intentions to impose 25% tariffs on all goods coming from Mexico and Canada on his first day in office. The threat of tariffs can cause price increases, material shortages, and other supply chain issues. 

This webinar will equip you with tactics that contractors, trade contractors, and owners should consider implementing now to prepare for and mitigate the cost impacts and disruptive effects of tariffs. These include processes to incorporate into your company’s standard procedures during the bidding and procurement phases to help eliminate or mitigate the cost impacts stemming from new tariffs. You will also gain strategies to leverage existing contract language, as well as new contract terms to insert into your contracts, to address and fairly allocate these risks.

Together, we will explore best practices and solutions to safeguard your projects and bottom line against tariffs.

Objectives

• Assess the risk of tariffs on existing and future projects and consider methods to use during the bidding and procurement phases to mitigate or eliminate the cost impacts resulting from tariffs.
• Evaluate existing contract terms that will help address tariffs, including change of law provisions.
• Consider crafting new contract language, such as a price escalation clause that fairly allocates the risk of tariffs to contractors and owners alike.
• Understand how the ConsensusDocs 200.1 Price Escalation Addendum can help address the threat of tariffs.

As an added bonus, all registrants will receive a free sample of the ConsensusDocs 200.1 - Price Escalation Addendum.

Speakers

• Levi Barrett, Partner, Peckar & Abramson
• Ron Ciotti, Partner, Hinckley Allen
• Joseph Leone, Partner, Drewry Simmons Vornehm, LLP
• Brian Perlberg, Executive Director of the ConsensusDocs Coalition & Senior Counsel, ConsensusDocs