Resources tagged fluctuations-clauses
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A fresh look at fluctuation clauses in construction contracts - Published by Womble Bond Dickinson
Until recently, construction material and labour prices have been generally stable – so fluctuation clauses, have commonly been unused. But now things have changed, and those prices are no longer so predictable. So, is it time to take another look at fluctuation clauses?
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Industry urged to adopt contract clauses to manage market volatility - Published by Clyde & Co.
In particular, the scarcity and pricing volatility of materials and labour continues to be a major headache for the industry
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