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
Navigating Tariffs in Today's Construction Landscape—But Stay Tuned for Tomorrow
By Christopher Barnett
No matter what the tariffs do tomorrow, there are things that contractors must be aware of today.
Legal and Regulatory
Judge Favors Special Interests on Federal Infrastructure, a Loss for Taxpayers and the Nonunion Construction Industry
By ABC
ABC responds to reinstatement of PLAs on certain DOD and GSA contracts.
Legal and Regulatory
Despite Tariff Impacts, ABC Contractors’ Backlog and Profit Margin Expectations Improve in April
By ABC
Tariff volatility is proving a moot point in the face of optimistic contractors, according to the ABC Construction Backlog Indicator in May.