Apply Price Escalators

This field is only applicable if you are using the oil price escalation/de-escalation feature (HQ/MS).

Check this box to apply price escalators (set up in HQ Escalation Index) to this job. When checked, the MS Oil Price Escalation report tracks sales of applicable materials (e.g. asphalt mixes ) to this job in MS Ticket Entry and determines increases/decreases in pricing based on the bid index (this job’s contract start date) and pricing index (monthly escalation/de-escalation). Use the MS Oil Price Escalation report to review the resulting pricing adjustments.

Note: If you select this check box and quote exists for the job (in MS Quotes) that is set to use price escalators, the system overrides the quote's Bid Index Date and uses the Contract Start Month. The quote's Bid Index Date is only used if you do not select the Apply Price Escalator check box for the job.

Leave this check box unselected if you are not using the oil price escalation/de-escalation feature or if not applying price escalators to this job.

Click here for more information about the price escalation feature.

Note: Many of the fields on the JC Jobs form are also on the PM Projects form. When you make a change to this field on the JC Jobs form, the system immediately updates the same field on the PM Projects form.

JC Jobs