Ronald D. Ciotti, partner in the Construction & Public Contracts group, shared his perspective with GBH on the recent tariffs on steel and aluminum imports and their significant impact on the construction industry. The tariffs are leading to increased material costs, which in turn affect project budgets and timelines.
“All of that is going to raise prices on those projects, which is going to make developers look at it and say, ‘I’m not sure we can make this work anymore,’” Ron explained. “And so you’re going to see projects … get put on ice. I think it’s going to have a chilling effect on the construction industry for a bit.”
With extensive experience in construction law, Ron notes the importance of sound business planning and proactive legal strategies, particularly as they relate to contracts and supply chain management.
Read the full article on the GBH website.
