1.0constructconnect.comSharon Gough/%site_branch%/author/sharongoughrich600338<blockquote class="wp-embedded-content" data-secret="0LtTetdbjb"><a href="/dcn/news/government/2023/11/price-escalation-clauses-protect-both-contractors-and-owners">Legal Notes: Price escalation clauses protect both contractors and owners</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="/dcn/news/government/2023/11/price-escalation-clauses-protect-both-contractors-and-owners/embed#?secret=0LtTetdbjb" width="600" height="338" title="“Legal Notes: Price escalation clauses protect both contractors and owners” — constructconnect.com" data-secret="0LtTetdbjb" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!o){o=!0;for(var e,t,r,a=-1!==navigator.appVersion.indexOf("MSIE 10"),i=!!navigator.userAgent.match(/Trident.*rv:11\./),s=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<s.length;n++){if(!(r=(t=s[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(a||i)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://cc-production-uploads-bucket.s3.amazonaws.com/uploads/2019/09/BleasbyLegalNotes.jpg1024576Price disruptions resulting from the unpredictable availability of materials and labour have persisted beyond the COVID-19 pandemic, causing serious challenges for project partners. As Gary Brummer, senior associate at Glaholt LLP writes, contractors rely on steady, predictable material and labour pricing in their bids. Sudden surges beyond the parties’ control can catch everyone off guard. […]