Industry Panel Discussion : Market Volatility - NUCA ’ s Analysis Of The Current Market Supply Crisis
In recent months , NUCA members have experienced delays in delivery of steel joists , insulation , stainless steel , copper , brass and PVC piping . These unexpected additional costs are wreaking havoc on existing and pending projects . What is behind this crisis — and what can NUCA members do ? NUCA ’ s industry experts gathered on June 23 for a webinar discussing the current market supply shortages being faced by contractors . NUCA thanks Chairman Lauren Atwell of Petticoat [ 1 ] Schmitt Civil Contractors in Jacksonville , Fla ., Tony Privitera of Mark One Electric Co . in Kansas City , Yvonne Bland of Core & Main , and NUCA of New
Jersey ’ s Shawn Farrell , Esq . of Cohen Seglias in Philadelphia for their important analysis of this rapidly expanding supply crisis . Our panelists discussed the economic conditions creating these shortages , escalating clauses in contracts , what contractors can do to mitigate the effects upon their current projects and contractual obligations , and other critical topics affecting the materials markets .
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