(1) Multi-year contracts comprising one firm annual tranche and conditional annual tranches shall define the nature, price and conditions for providing the services in each tranche.
(2) The services in each tranche must form a coherent whole which takes into account the services of the previous tranches, where they exist.
(3) Contracts comprising one firm tranche and one or more conditional tranches may contain a termination clause with notice in favour of either party.
(4) The execution of each conditional tranche shall be subject to a service order by the Project Owner or the Delegated Project Owner to the contracting party under the contract conditions.
SUB-SECTION IV
RESERVED CONTRACTS
Official text
Transcription: Spot-checked
In force from 20-06-2018
Source page 30
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