Interim Provisions. The instalment of the budget for 1966 is fixed at 1.5 million Swiss francs, and is not subject to review. The budget for 1967 is therefore fixed at 6 million Swiss francs. The increase in this budget, resulting from the application of the CERN cost variation index, shall be added to the budgets of the subsequent years.
Appears in 1 contract
Sources: Agreement for the Construction of the 20 Cubic Metre Hydrogen Bubble Chamber
Interim Provisions. The instalment of the budget for 1966 is fixed at 1.5 1,5 million Swiss francs, francs and is not subject to review. The budget for 1967 is therefore fixed at 6 million Swiss francs. The increase in this budget, budget resulting from the application of the CERN cost variation index, index shall be added to the budgets of the subsequent years. 67/731/ CERN/FC/956 The payment of the contributions of the three parties for 1966 and 1967 shall be made after the signature of the present contract, subject to deduction of the payments which they have already made by virtue of provisions existing prior to the signature of the present contract.
Appears in 1 contract
Sources: Agreement for the Construction of the 20 Cubic Metre Hydrogen Bubble Chamber