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Fill in the Blank:Under the ______ Clause, the Contract Price is Increased for a Given Increase in the Prices of Inputs.

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Question

Fill in the Blank:
Under the ______ clause, the contract price is increased for a given increase in the prices of inputs.

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Solution

Under the Escalation clause, the contract price is increased for a given increase in the prices of inputs.

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Contract Costing
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