Common use of Materials Escalation Clause in Contracts

Materials Escalation. Design Build Entity may seek additional costs for escalation of materials after the establishment of the GMP, if, and only if, Design Build Entity demonstrates all the following conditions are satisfied: 5.2.3.1. Condition 1. Design Build Entity establishes that the escalation was caused by: (i) a Force Majeure Event; or (ii) an event that would qualify as an event for Compensable Delay; 5.2.3.2. Condition 2. The escalated cost did not result from any action of Design Build Entity, including, without limitation, failing to properly sequence or coordinate the Work;