In a fixed price contract with escalation,all contractual price changes should be keyed to a third-party price index,preferably to a well-established,widely published index.

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In a fixed price contract with escalation, it is preferable to use a well-established, widely published third-party price index to determine any price changes. This helps ensure fairness and objectivity in the pricing process.

In a Fixed Price Contract with Escalation,all Contractual Price Changes