Common use of Framework Price Adjustment Factor Clause in Contracts

Framework Price Adjustment Factor. 13.7 On each anniversary of the Contract Date, the Supplier calculates a price adjustment factor as below Price adjustment factor = 0.5 x [(L1 – B1)/B1 + (L2 – B2)/B2] where:

Appears in 8 contracts

Samples: Form of Agreement, Form of Agreement, Nuclear Decommissioning Authority

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