Published Paper Details:

- In highway Construction industry to save contractors form price fluctuations of material, Fuel, Labour etc. the price escalation clause is added but in different type project and Different type of Government entities are using differential formulae. Contractor/Concessionaire at the time of biding the project and at the time of the project execution i.e from appointed dated its takes about 3-4 years; the project duration above 1 year is taken in to account of price escalation. The price escalation cost will calculate differently with different formulae due to same there is variation of amount. In this paper we will identify the differential cost of price escalation by using one project with different government formulae and we will conclude which type of formulae is adequate. Also, this paper gives us how these prices are calculated, for same which data is to be required. Using different entity price escalation clause, the most efficient and accurate method of price escalation will conclude in this dissertation.