deprived of the same, as also
the benefit of price escalation. The State Commission also observed that
in such case (only of refund of money ... interest on the loans raised;
depreciation in the money value; and escalation in the cost of
construction etc. The State Commission also observed that
Discussion On Price 7.4 100 to 117
Escalation
10 Letter Dated February 03, 7.5 118 to 139
2017
11 Severance Of Arbitral Awards ... which wanted modification of the
contract by introduction of clauses favouring escalation
damages, was that the contract was a fixed price contract and
the only
bill was reiterated but
in addition to this, a request for price escalation was made.
Pursuant to the acceptance of the final bill, the final ... noted here that this was not the first time
price escalation requests were submitted to the respondent.
d. On May 16, 2016, the petitioner sent
Advance (Clause 7B); Payment due to increase/ decrease in prices (Price Escalation) after receipt of contract for works and the manner of calculation thereof (Clause ... which it would be exposed to monetary claim of damages, besides cost escalation, in case the contract is terminated and that would
towards excess amount charged contrary to the Escalation
clause under the agreement with 18% interest thereupon.
Signature Not Verified
O.M.P. (COMM) 419/2020 ... towards excess amount charged contrary to the
Escalation clause under the agreement with 18% interest thereupon.
Signature Not Verified
O.M.P. (COMM) 419/2020
held that the price would be firm and not
subject to any escalation under whatsoever ground till
the completion of the work and awarding ... result of escalation was not permissible. To the same
effect is the decision in Associated Engg. Co. v. Govt
time was not granted is not
correct. Thus as per Clause 10CC, escalation is liable to be
granted in any contract even during the extended ... period and
the contractor is entitled to escalation. Coming to the
question as to whether any evidence was lead on payments
made under Clause 10CC
Claimants claim Rs. 62,32,453.67/- towards payment of
balance amount of escalation.
Claim No. 5 Claimants claim Rs. 2,88,862/-on account ... White 11,000/-
Pedestal Type WC
Claim No. 4 Balance amount of Escalation 18,46,689/-
Claim No. Security Deposit
time was not granted is not
correct. Thus as per Clause 10CC, escalation is liable to be granted
in any contract even during the extended ... period and the contractor
is entitled to escalation. Coming to the question as to whether any
evidence was lead on payments made under Clause 10CC
specifically stated that
the minimum wage rates are subject to
labour escalation as explained in schedule
B and all the conditions of the contract
enumerated ... that as per the terms and conditions
of the contract, the labour escalation charges
are required to be paid by the defendant
