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1 / will send request to owner for addional cost2 / will bears addional cost3 / will stop wok to renew contract4 / non above
It's in the risk assessments field, depend on the contract and how much but generally I would say that there is a valid claim by the contractor.
1 / will send request to owner for addional cost
In the agreement, there is a scope of rate variation of different items of contract . When we prepare agreement we should provide a clause from contractor end about rate adjustment during inflation. So we can go through this clause during cost of materials rises.
