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Rise and fall clauses could be another tool to hang on a constructor’s belt

With construction industry participants seeing an increase in costs, rise and fall clauses have been floated as a solution for easing current cost pressures.

Essentially, a rise and fall clause in a construction contract shifts key project pricing risks from the contractor to the principal.

In this update, W+K’s Construction PI specialists Aaron Bolton, Robert Finnigan and Andrew Moore explore this potential risk management tool for the industry and how it might be viewed by the insurance industry.

Click the download button below to read in full.

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