I am bidding a new residential housing project. The builder is requiring all subcontractors to guarantee their pricing for one (1) year. The project is slated to start in the Fall of this year.
I can understand his position of not wanting an increase in cost after he awards the contract but I don't feel the subs should shoulder this burden. Anyone else here ever deal with this type of situation ?
I can understand holding prices for a while but not 1.5 years. With the way steel and copper have fluctuated in the past who knows what the future holds....
