David Draper recently participated in a panel at the ALFA International Client Seminar on supply chain and price volatility in the construction industry. Whether by pandemic, inflation, war, protective tariffs or increased competition for a finite supply, scarcity of parts and materials and their price volatility have triggered project delays and project cancellations. As a consequence, owners and developers, designers and constructors are dealing with an entire range of challenges with planning and executing construction projects. The panel explored the causes of and reaction to the supply chain disruption, as well as ways in which the construction industry is rethinking and reformulating supply chain management. Draper is a senior shareholder in Lewis Thomason’s Knoxville construction law practice group with broad experience in construction litigation, arbitration, and mediation. His law practice is concentrated in construction defect litigation, professional liability defense, commercial disputes and insurance coverage disputes. He is a founding member and past president of the Tennessee Association of Construction Counsel and long-time member of the Steering Committee of the Construction Practice Group of ALFA International.
