Construction Dive, Tariff worries force firms to rethink contracts, quotes Andrew Richards, Esq., 2-25-25

Construction Dive featured key insight from Kaufman Dolowich’s Andrew Richards, Co-Chair of the Construction Practice Group and Co-Managing Partner of the firm’s Long Island Office, on ways builders faced with trade war-induced price escalation can help mitigate risk. 

In the article, ‘Tarif worries force firms to rethink contracts,’ Richards is quoted as saying: “Even if a contractor insists on a tariff-related protection clause, owners may simply choose another bid without one. These types of clauses would also often require contractors to build in so much of a cost cushion they would no longer be the lower bidder.”

Read more in the full article here.