Escalation Clause
Escalation clause definition. Learn how to protect your construction profit from sudden spikes in material prices like lumber or steel.
Calculation Formula
Adjusted Price = Base Price + (Material Index Increase × Quantity) Real Contractor Example
A contract includes an escalation clause. If the price of copper rises more than 10% before purchase, the owner covers the difference.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.