Turnkey fixed price during Corona or cost increase?

I don't know if we are living on an island of the blessed - but both our carpenter (large company) and our joiners and window makers (small medium-sized businesses) have assured upon inquiry that they do not expect any price increases beyond the usual fluctuations so far. A few days ago, there was also a report on the radio in which the representatives of the wood-processing trades assumed that the current turbulences would calm down over the course of the year. There seems to be a lot of panic in the market. And some seem to want to take advantage of it.

I don’t know if we live on an island of the blessed – but both our carpenter (large company) and our joiners and window makers (small medium-sized businesses) have assured on request that they do not expect price increases beyond the usual fluctuations so far. A few days ago there was also a report on the radio in which the representatives of the wood processing trades also assumed that the current turbulences would calm down over the course of the year. There seems to be a lot of panic in the market. And some seem to want to capitalize on it.

Hope dies last :D I think many general contractors first expect an increase. If this is lower than expected, then there is more profit. If the materials really are that much more expensive in a year, the calculation is correct again. The customers simply bear the costs.

Ultimately, what is stated in the contract is decisive.

There is an article on the topic in the Mainpost. [Rhöner Zimmerer schlagen Alarm] from 16.4.

At this point, I can only laugh or rather cry. Apparently, you don’t know my construction story. A contract is just paper. What do you want to do if the general contractor / main contractor doesn’t stick to it? Sue??? Then your house still won’t be finished in 5 years and your money will be with the lawyer and the court.

I know them all too well. I even read everything through :) Because of stories like that, I have: a) builder’s legal expenses insurance b) external construction supervisor contracted/commissioned :-)

In addition, I carefully chose the construction company (I went to 10 companies and read/listened to everything thoroughly). The association that provides the external construction supervisor welcomed me with the words: "Congratulations on choosing the best construction company in Berlin/Brandenburg" :-) And yes, something can always go wrong, and that’s why I will not be any less vigilant/cautious.

But you must not always generalize from your experiences to everyone else. Otherwise, no one here would build anymore.

Long story short. In my opinion, one should first refer to the contract and then, if it really doesn’t work, reach a compromise and share the costs.

Hope dies last :D I think many GCs expect a price increase at first. If it is lower than expected, there is simply more profit. If the materials are actually much more expensive in a year, then the calculation is correct again. The customers simply bear the costs.

I have spoken to the managing director of the construction company about it. _He says that the prices he has agreed on are also fixed, as he secures them through the regular suppliers.

I don't know if we live on an island of the blessed - but both our carpenter (large company) and our joiners and window makers (small medium-sized businesses) have assured on inquiry that they do not expect any price increases beyond the usual fluctuations so far.

We are currently conducting a risk survey among our customers (property developers/project developers) regarding a short-term significant increase in construction costs. Everyone is accounting for it – construction costs overall. So it will be exciting in the coming months.