Lumber price swings of 40–80% in a single year are no longer unusual. A framing bid submitted in February for a project that breaks ground in September is exposed to material escalation that can eliminate your entire margin. Vernier documents your material pricing basis and prices the escalation exposure before you sign a fixed-price contract.
Framing is one of the most material-cost-volatile trades in construction. The problems below explain why fixed-price framing bids carry more risk than most contractors price.
Framing bids live and die on material pricing. These modes address the documentation and risk management that protects your margin.
Every fixed-price framing bid has a material escalation exposure from signature date to lumber purchase date. Vernier documents that exposure and puts the appropriate risk transfer language in your proposal.