tribunal or a court.2 Since escalation clauses have their basis in party autonomy, such provisions can be drafted in diverse ways.3 Their precise content and function thus depend on their wording.4 The parties are generally free to agree on any procedure th...
month, so a more carefully worded y How to Use the Consumer Price Index contract could minimize ambiguity and the likelihood of future for Escalation, /cpi/ disputes. This issue of BEYOND THE NUMBERS can help those cpi1998d.htm. who use the CPI to write escalation clauses to create a ...