Comments on: Can a Contractor Obtain Compensation for a Radical Increase in its Costs if a Construction Contract Contains No Price Escalation Clause? http://www.cmguide.org/archives/125 All you need for your career.. Thu, 26 Jan 2012 11:12:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: liaqat hayat http://www.cmguide.org/archives/125/comment-page-1#comment-1155 liaqat hayat Wed, 30 Dec 2009 16:00:34 +0000 http://cmguide.org/?p=125#comment-1155 I feel court may consider if a specific law of the land provide any remedy.If contract is silent in its writeup on escalation,the law of the land which is mentioned in contract as applicable law has to fill in the gap. I feel court may consider if a specific law of the land provide any remedy.If contract is silent in its writeup on escalation,the law of the land which is mentioned in contract as applicable law has to fill in the gap.

]]> By: robert brimacombe http://www.cmguide.org/archives/125/comment-page-1#comment-341 robert brimacombe Sun, 12 Jul 2009 09:11:19 +0000 http://cmguide.org/?p=125#comment-341 Some interesting food for thought in this article but silence or absence af an 'escalation clause' is one thing, would the Courts be willing to adjust the contract price if it was expressly stated that the price is to be fixed with no flucuation in the contract price for inflation or other increases in the costs of materials and labour? Some interesting food for thought in this article but silence or absence af an ‘escalation clause’ is one thing, would the Courts be willing to adjust the contract price if it was expressly stated that the price is to be fixed with no flucuation in the contract price for inflation or other increases in the costs of materials and labour?

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