Understanding Price Escalation Clauses: Protecting Profitability in Contracts 👉 Price Escalation Clauses: Protecting Profitability 👉 Learn how price escalation clauses in contracts help businesses adapt to changing costs and maintain profitability. Discover how these clauses tie price adjustments to inflation rates, labor costs, and material prices, ensuring fair compensation for suppliers and contractors. Find out the key factors to consider and how to avoid disputes by clearly defining triggering conditions and calculation formulas.
Laura S. Harris (2024, February 12.) What is a typical price escalation clause?
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