Price Escalation (Adjustment Formula)
Apply the standard contract price-adjustment formula to a valuation using your coefficients and published cost indices, with each element’s contribution.
Inputs
DIMENSIONS IN mm
- FIDIC Conditions of Contract for Construction, 1999, Sub-Clause 13.8 Adjustments for Changes in Cost
- FIDIC Conditions of Contract for Construction, 2017, Sub-Clause 13.7 Adjustments for Changes in Cost
Limits of this tool. Educational tool for the generic adjustment formula. The governing contract (schedule of cost indexation, base date, index sources, caps and exclusions) always prevails. Not legal or financial advice.
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