# Asphalt price escalator

A term used when buying paving.

A bid clause that moves the price with a published liquid asphalt index between award and paving.

Liquid asphalt is the largest input and it moves month to month, so a fixed-price job bid in March and paved in August can lose its whole margin without anyone running the crew badly. Public work usually carries an escalator and private work usually does not. Ask what share of the [backlog](https://searchspheresource.com/glossary/backlog) is escalated, then reprice the rest at today's index and see what is left of the profit the seller is charging for.

Part of: Buying a Paving Business (https://searchspheresource.com/guides/buying-a-paving-business)

Source: https://searchspheresource.com/guides/buying-a-paving-business/terms/asphalt-price-escalator
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt