AGC RESPONDS TO VOLATILE MATERIAL PRICES WITH PRICE ADJUSTMENT AMENDMENT

By Jayne Czik, Esq.
Contributing Editor

In response to the steep increase in steel prices beginning in January 2004 and more recent price increases in cement and other materials, the Associated General Contractors (AGC) issued a price adjustment amendment to its fixed price construction document — AGC Document No. 200 (2000 edition). The “Potentially Time and ... Log in to view the full text.