Impact of Steel and Aluminum Tariffs on Contractor Pricing

Apr 24


NASBP - Bethesda, Maryland

Start Date: April 24, 2018

End Date: April 24, 2018

Start Time:


End Time:



Levi W. Barrett

April 24, 20182:00pm April 24, 20183:00pm America/Havana Impact of Steel and Aluminum Tariffs on Contractor Pricing NASBP - Bethesda, Maryland Levi W. Barrett

7735 Old Georgetown Road, Bethesda, MD 20814, USA

Lori Ann Lange, Partner in Peckar & Abramson’s Washington, DC office, and Levi W. Barrett, Senior Associate in Peckar & Abramson’s New York Office, will speak at the National Association of Surety Bond Producers (NASBP) virtual seminar on Tuesday, April 24, 2018.

On March 8, 2018, the Trump administration imposed a 25% tariff on steel imports and a 10% tariff on aluminum imports.  Although the exact impact of these tariffs on the U.S. construction industry is not yet known, many contractors anticipate that the tariffs could significantly increase the cost of steel and aluminum construction materials thereby driving up the contractor’s construction costs.  This webinar will address the legal and contractual issues that contractors may face as a result of price increases, including the impact of price increases on current contracts, potential legal arguments for equitable adjustments, and negotiating favorable pricing terms on future contracts.

NASBP Webinar Agenda

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