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ConsensusDocs 200 STANDARD AGREEMENT AND GENERAL CONDITIONS BETWEEN OWNER AND CONSTRUCTOR Capitol Terrace Garage Sprinkler Replacement Project 2013 (Lump Sum Price) TABLE OF ARTICLES 1. AGREEMENT.

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Time and Price Impacted Materials - 200.1 This material price escalation clause lists the specific materials affected in a particular project and adjusts the contract price based upon a certain metric, usually an agreed-upon objective market index.

Example of an Escalator Clause For instance, if a buyer makes an offer of $400,000, an escalator clause could specify that if a higher offer comes in, the buyer will beat it by $3,000, but only up to $430,000.

For example, if a lease agreement has an escalation clause based on the CPI, the rent for the property will be adjusted annually based on the change in the CPI. For example, if the CPI increases by 3% over a year, the rent will also increase by 3%.

Overview: The ConsensusDocs 200.1 Potentially Time and Price-Impacted Materials Amendment is a standardized, three-page Amendment that provides an Owner and Contractor a baseline price and calculation method for potential adjustments to material prices.

Consensus documents are the result of the work of expert panels from different countries or several organisations summarizing current knowledge and guidelines on a topic, and drafting operative protocols and recommendations, identifying current gaps and providing next steps.

A price escalation clause is a provision in an offer to purchase where the offered price may be determined by another offer to purchase. A buyer may use a price escalation clause when the buyer is aware of or suspects there will be competing offers on a property.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232