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Oliva Jones
Asked: 2022-09-06T22:33:26+05:30 In:

During the construction period, price variation clause in contracts caters to

  1. Increase in rates of only important materials
  2. Variation in cost in materials element, labour element and petrol-oil-lubricant element
  3. Variation in total cost of the project on an ad hoc basis
  4. Rate of inflation
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    1 Answer

    1. Priyanka Kashyap

      During the construction period, the price variation clause in contracts caters to variation in cost in material's element, labour element and petrol-oil-lubricant element. Answer: Option 2

      During the construction period, the price variation clause in contracts caters to variation in cost in material’s element, labour element and petrol-oil-lubricant element.

      Answer: Option 2

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