What is an Escalation Clause in a Construction Contract?

Updated: May 25, 2021

Woman's hands holding red pen resting on table on top of contract, man's hands opposite pointing to line where signature is required, yellow hard hat in the background.

If you are planning on making improvements or adding on to your home, keep an eye out for the escalation clause in your contract. It can mean a huge difference in what you are quoted and what you actually pay, and protects you, particularly in times like these, from exorbitant costs.