Claim for Increased Costs on a Fixed Price Contract

Are there circumstances whereby a contractor may claim increased costs of materials on a fixed price contract? As usual, this would depend on the particular contract, but if we take FIDIC as an example, yes there are.Read more


QS Eye Magazine features Andy Hewitt's Article 'Price Escalation Clauses? Whatever Happened to Increased Costs?'

Quantity Surveyors International, the professional body for those specialising in the financial aspects of construction and engineering publish QS Eye, a quarterly magazine, for their members. QS Eye featured Andy Hewitt's article, 'Price Escalation Causes? Whatever Happened to Increased Costs?.Read more