DEAR EXPERTS
PLEASE SOLVE MY PROBLEM. WHAT IS PRICE VARIATION CHARGE IN A CONTRACT.
WHETHER PRICE VARIATION APPLIES IN CASE DURING EXTENDED PERIOD OF CONTRACT.
THE CLAUSE IN AGREEMENT IS 15% PVC IS APPLICABLE IF DELAY IS NOT ATTRIBUTABLE TO CONTRACTOR.
ANOTHER CLAUSE IS PVC IS APPLICABLE ONLY DURING THE PERIOD OF COMPLETION OF ORIGINAL TENDER.
TIME EXTENSION PERIOD IS GIVEN BY THE EMPLOYER FOR HIS DEFAULT
BUT NOW THE EMPLOYER IS TELLING THAT CONTRACTOR IS ELIGIBLE ONLY TO ORC AND NOT TO PVC.
PLEASE GIVE JUDGMENTS REGARDING