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Public contracts - methodology

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Types and formats of contract prices

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Types and formats of contract  (…)

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Types and formats of contract prices

The initial price is the one in the contract and set under the contract’s base economic conditions.

The settlement price is the initial price with the economic variations applied, along with VAT, sums introduced by addenda, penalties, premiums, rebates, and interest on arrears. This is the price actually paid to the contract holder.

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Types of price

The initial contract price will fall into one of two possible categories : a) Unit price - fixed price The unit price is the price per unit for a given service, The fixed price is an overall price paid to the contractor for a service,  (…)

Price formats

Price variants are directly concerned with the establishment of the settlement price. The choice of price variant depends largely on how long the provision of the goods or services is planned to last. There are three price variants: a) Firm  (…)
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