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Researcher(s)
Thomas C. Schleifer, Ph.D.
Topics
Summary
This white paper describes and analyzes contractor risks associated with a recovering economy and market, including the following Threatening Recovery Issues:
- Aggressive Pricing Continues
- Growth Creates Cash Flow Needs
- Financing Will Be Essential
- Banks’ Reaction Undefined
- Sureties’ Reaction Unclear
- Labor Shortages
- Labor Skill Level Declines
- Material Shortages
- Labor and Material Inflations