Lex Cameroon

Decree No. 2018/355 on common rules applicable to contracts by public corporations › Chapter 8

SECTION 97

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(1) The contract amount shall be remuneration to the contracting partner of the public corporation. (2) The goods and services covered by the contract shall be paid for either through all-in rates applied to all or part of the contract, whatever the quantities, or through unit rates applied to the effectively executed quantities: a) a all-in rate shall be any amount received by the contract holder in consideration for all of the goods or services, of a structure, or part of a structure as defined in the contract; An all-in rate shall be imposed once all the goods or services are well defined during the conclusion of the contract; b) a unit rate shall be the any amount that applies for component of a good or service, of a type or a component of a structure, the quantities of which are indicated in the contract solely as estimates. (3) Whether the amount is an all-in or unit rate, it shall be firm where it cannot be modified because of foreseeable economic changes during the execution period. (4) In any case contrary to the provisions of (3) above, the amount shall be revisable. VIII.2. Change in Contract Amount
Official text Transcription: Spot-checked In force from 12-06-2018 Source page 28

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Contents

Section 97 of the Decree No. 2018/355 on common rules applicable to contracts by public corporations /akn/cm/act/decret/2018-06-12/2018-355
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