In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...

Creating a strong purchase offer is critical when you’ve found a home you want to buy. Essentially, you want to tell the seller you’re both qualified and serious about buying the home. In some cases, ...

When steel, lumber, or copper suddenly spike in price, the difference between a profitable project and a financial mess often ...

In rebounding real estate markets where home sellers frequently get multiple offers, some buyers rely on an old tool: the escalation clause. An escalation clause is designed to edge out competing bids ...

With material cost volatility in the current market, the topic of price escalation clauses is more prevalent. Some material costs are up and other costs are now down. Traditional lump sum contract ...

The prospect of 25 percent tariffs being imposed on all steel and aluminum imports by the newly elected Trump administration, together with the 10 percent increase on tariffs already levied on Chinese ...

We asked a few of those Inc. 5000 companies how they did it, and what they’re anxious about in the future. Material escalation clauses built into contracts allow for adjustments to the originally ...

In a hot housing market, crafting the perfect offer can greatly improve your chances of getting the house you want. Homebuyers are often asked to submit their "highest and best" offer when making a ...

The summer of 2021 was a time of high anxiety when many contractors faced surging steel prices and lacked the protection of contract material price escalation clauses. Remember 2019? That’s when ...

Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...

A lack of government indices and statistics for the UAE construction sector is making it difficult to incorporate ‘escalation clauses’ into contracts, according to industry experts. While contractors ...

The global construction industry is susceptible to disruptions in the supply chain and price volatility. Recent geopolitical tensions and armed conflict in the Middle East have raised concerns about ...