binding escalation clause

An escalation clause in a contract that allows price or performance adjustments in response to specified triggers (such as cost increases, inflation, ...

The process of elevating a customer or supplier claim to a higher level of authority within an organization when initial handling does not resolve it.

The process of elevating a claim within an organization to higher levels of authority when the initial handling or resolution is unsatisfactory or unr...

A contractual provision that defines the process and triggers for escalating issues to higher management and the requirement to document such escalati...

A contractual provision that sets out a staged dispute-resolution process, starting with informal discussions and escalating to mediation (and potenti...

A price escalation clause is a contractual provision that links future prices or price changes to defined cost or price indices in order to compensate...