Price Escalation Funds in DPWH Contracts

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DPWH DEPARTMENT ORDER NO. 114: Price Escalation Funds in DPWH Contracts

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Title Supreme Court: Price Escalation Funds in DPWH Contracts

Law: Dpwh Department Order No. 114

Decision Date: May 8, 1991

DPWH Department Order No. 114 mandates the inclusion of price escalation funds, not exceeding 12% per annum, in all programs of work and contracts to address construction cost inflation, while outlining specific conditions for fund allocation and usage.

price escalation

construction costs

administrative order

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