(1) The introduction of a price revision clause in a contract shall not be
systematic, since agreed prices should be firm as often as possible.
(2) The price of any contract whose execution duration is equal to 12 (twelve)
months at most may not be revised.
(3) The price of services shall be liable to revision once the contract provides for
the modification of the initial cost in the course of execution.
(4) Except in the case of a waiver following negotiation between the Project Owner
or the Delegated Project Owner and the contract holder, the price must be updateable
where the contract has a firm price and a period of 6 (six) months has elapsed between
the bid opening date and the contract notification date.
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(5) Where a contract has a firm price, the price may be updateable if an overrun of
the initial contract period of more than 2 (two) months is not attributable to the contract
holder.
(6) A contract shall be revisable or updateable under the conditions laid down in
(3), (4) and (5) above.
(7) Price revision or update pursuant to the contractual clauses shall not give rise
to the signing of contract amendments.
Official text
Spot-checked
In force from 20 June 2018
Source page 56