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Comparison of Provision for Escalation in Various Indian Construction Contract FormsBy Sayali S. Sandbhor, N. B. Chaphalkar
Abstract: Contracts provide technical assistance for implementation of works. Disputes occur between the parties involved in the contract due to number of factors. Interpretation of escalation clause is one of the reasons for disputes which necessitate proper drafting of contract terms and conditions and its extensive study. There are various construction contract formats prevalent in India which differs from one another in their provisions. Uncertainty in the cost of works executed …
Published in Journal of Construction Engineering, Technology & Management · Vol. 2, Issue 1-3, 2012 · pp. 17–29 Read article →