Facilities Management Contract Price Increases in Illinois: Escalators, CPI & Wage Pass-Throughs
Facilities Management contractors in Illinois face rising blended labor and subcontract costs. Most commercial agreements include some form of CPI or ECI with floors and caps. When those increases don't reach the invoice, the loss compounds every month.
What to check in Illinois
- Changes to the state or local minimum wage, and the dates they take effect, against any wage pass-through clause.
- The right BLS CPI series: a regional series for Illinois's metro areas, or the U.S. City Average, whichever the contract names.
- Notice delivery requirements in your contracts (certified mail, email, portal).
See the clause guides: Annual Price Escalator · CPI Adjustment Clause · Auto-Renewal Price Increase · Wage Pass-Through Clause · Price Increase Notice Period · Escalation Cap and Floor
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