We help our client, a contractor of a construction contract under the Public Procurement Law, in a dispute with the ordering party regarding the operation of the indexation clause contained in the contract.
Generally, the indexation clause complies with the requirements of the Public Procurement Law and is clear. As usual, the devil is in the details, and in this case - in the method of determining the change in remuneration. If the contract is not precise, it is controversial as to what period should be used for the index of changes in the price of materials or costs announced by the President of the Central Statistical Office, which allows for determining the change in remuneration.
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