Clause X1

Price Adjustment for Inflation

Purpose

Adjusts the Prices for inflation using indices stated in the Contract Data.

Practical Application

Used for long-duration projects. The adjustment applies to amounts due and CE assessments.

Common Pitfalls

The choice of index is critical. Use an index that reflects actual cost movements in the project's sector.

Related Clauses

Clause 63.3

⚠️ This commentary is for reference only. Always refer to the full NEC4 contract text and seek professional legal or contractual advice for your specific project.

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