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Q. |
During the construction period, price variation clause in contracts caters to |
A. | Increase in rates of only importantmaterials |
B. | Variation in cost in materials element, labour element and petrol-oil-lubricantelement |
C. | Variation in total cost of the project on an ad hocbasis |
D. | Rate of inflation |
Answer» B. Variation in cost in materials element, labour element and petrol-oil-lubricantelement |
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