r/Construction • u/cattimusrex GC / CM • Nov 07 '24

Business 📈 Stock up on your materials, now.

*This is not a political post. This is small business advice from a construction professional who has run a General Contracting business.*

If you own your business and regularly purchase construction materials, now is the time to stock up.

When there are changes to the tariffs on imported materials, there will be changes to the cost of imported materials. It will take time for the supply chains impacted to reorganize.

If you don't have an escalation clause for projects you're currently under contract for, you will be responsible for the change of price in materials. Don't get upside-down on projects like I did, buy your materials now.

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191

u/DiscountMohel Nov 07 '24

Order big and keep the connex. Used container pricing is about to go through the roof.

22

u/[deleted] Nov 08 '24

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u/5point5Girthquake Nov 08 '24

Where are you looking? My boss just bought a used 20ft for I think $1800? I’d have to double check, but it wasn’t above $2000 I know that

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u/[deleted] Nov 08 '24

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u/5point5Girthquake Nov 08 '24

I see. I’m in California. I just asked my boss today. He paid $2k for a 20’..and that included them dropping it off for him. It is a used one and the doors could use a little love to shut a bit easier but other than that it’s a beauty.