Cory Salisbury
Founder & Fractional CFO • Salisbury Bookkeeping
What Every Contractor Needs to Know About Tariffs and Material Costs
Most construction companies do not have the financial visibility to catch a 12% cost creep on materials until it is already baked into three completed jobs.
The Hidden Danger: Tariffs Destroy Job Costing Accuracy
When material costs shift mid-project, estimates become outdated, job costing becomes fiction, and profit margins become a guess.
What Smart Contractors Are Doing Right Now
- Live dashboards showing gross profit by job, updated daily
- Integrated procurement tracking
- Variance alerts flagging cost overruns in real time
Three Immediate Steps
- Lock in Pricing Where You Can — 60-day price locks
- Build Escalation Clauses Into Contracts — For projects with longer timelines
- Install Real-Time Job Costing — Stop managing with a rearview mirror
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