Contractors pursuing large-scale commercial work are facing a new combination of risk factors: rising petroleum-related material costs, accelerated project schedules and uncertainty surrounding the long-term viability of hyperscale data centers. During a recent episode of The Best of Success Show, hosted by Jill Bloom, construction attorney Trent Cotney outlined the legal and operational issues roofing contractors should be monitoring closely.
Cotney said volatility in oil pricing continues to affect the construction sector well beyond fuel costs. Petroleum derivatives remain embedded in numerous building products used throughout the wall and ceiling industry, including insulation systems, coatings, adhesives and other manufactured materials. As existing inventories cycle out, contractors should expect upward pricing pressure across multiple product categories.
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