Gain ideas on how to handle the changes in construction costs.
While they would like to, contractors and subcontractors are not able to see into the future when it comes to their projects. Customarily, construction contracts comprise the memorialization of what will be carried out during the project timeline and what the cost will be. The contractors and subcontractors involved in the contract then have to manage their labor, material, and overhead costs during the project in order to be profitable. This white paper reviews how typically anticipated profits are difficult to maintain and discusses how contractors and subcontractors are able to cover the fluctuation of construction costs.
William Cobb is Of Counsel with Cobb & Gonzalez having 38 years of business and real estate litigation experience. Mr. Cobb was admitted to The Florida Bar in December 1980 and has practiced principally in the areas of construction, business, lending institution and real estate litigation. He has tried hundreds of non-jury cases and has tried a dozen cases to a jury.
He has extensive experience with all aspects of litigation including experience with appeals. Additionally, he has limited practice on transactional matters involving family law, adoptions, wills, estates, real estate, contracts and business formation. Mr. Cobb has litigated cases throughout the Florida court system and has been admitted for single cases in Arkansas and the American Virgin Islands federal court. In addition to the court systems, Mr. Cobb has extensive experience in mediation and arbitration.
After serving a combat tour in Vietnam for the United States Army with the First Infantry Division, Mr. Cobb obtained his Bachelor of Science, cum laude, from Nova Southeast University. He then obtained his Juris Doctorate from the Nova School for the Study of Law, now know as the Shepard Broad College of Law in Fort Lauderdale, Florida while simultaneously serving the City of Pompano Beach as a police officer.
Mr. Cobb move to St. Augustine in 2018, where he resides with his wife of 50 years, Susan. In his free time, Mr. Cobb enjoys carpentry, artistic painting, hunting and enjoying time with his family.
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