What does escalation mean in construction?
Short definition
Escalation is an increase in labor, material, equipment, or subcontract cost over time.
Longer explanation
Escalation may be included in estimates, allowances, contingencies, alternates, or contract clauses when future pricing is uncertain.
Example in context
“The project team reviewed the escalation during the construction phase.”
Common users
- Owners
- Architects
- Contractors
- Construction managers