
Impact of the Crisis in the Middle East and Energy Volatility on Construction Costs
The increase in the cost of energy and raw materials such as steel, aluminum, or cement poses serious threats to fixed-price construction projects and could pave the way for contractual renegotiations. The law firm GTA Villamagna warns that, in this context, price review clauses and indexing mechanisms are becoming essential tools to ensure economic balance in private law construction contracts.











