During the construction period, price variation clause in contracts caters to Options: A . &nbspIncrease in rates of only important materials B . &nbspVariation in cost in materials element, labour element and petrol-oil-lubricant element C . &nbspVariation in total cost of the project on an ad hoc basis D . &nbspRate of inflation

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

Question

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

Options:

A . Increase in rates of only important materials

B . Variation in cost in materials element, labour element and petrol-oil-lubricant element

C . Variation in total cost of the project on an ad hoc basis

D . Rate of inflation

Answer: Option B

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