Legal and Regulatory
Protect the Bottom Line With a Price Escalation Clause
A price escalation clause can be inserted into any contract as a way for subcontractors or contractors to recover some or all of materials cost increases on a project.
By Jason Lambert
February 1, 2021
Topics
Legal and Regulatory
by Jason Lambert
Jason Lambert is a construction attorney representing contractors and subcontractors at Dinsmore & Shohl, LLP.
Related stories
Legal and Regulatory
Department of Defense Eliminates Biden’s Controversial Project Labor Agreement Mandate Policy
By ABC
After the Biden Administration's PLA mandate was rolled back, the DoD follows suit.
Legal and Regulatory
Pressing Questions: Construction Leaders Address the Decade's Top Concerns
By David McMillin
Some of the brightest minds in the industry discuss their hopes and fears for the year ahead—and beyond.
Legal and Regulatory
Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade
By Scott Berman
Artificially discounted construction equipment and materials from China have
been a proverbial siren song to contractors facing increasing input costs, but there can be dire problems and unseen costs.