In contract with escalation clause the contractor can claim for increase in prices of input to the a...........

Costing - Phase (I & II) Methods of Costing

In ....... contract with escalation clause, the contractor can claim for increase in prices of input to the agreed extent.

rate

fixed price

cost-plus

government

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Explanation:

A contract in which the contractor agrees to a fixed contract price. In some cases, there may be an element of cost escalation clause in the contract which is mutually agreed to between the parties.

For example, the parties agree to include a clause in the contract for adjusting the Contract price on the basis of an increase in the cost of raw materials.