Article L2432-1 of the French Public procurement code
The public contract for private project management provides for lump-sum remuneration of the contractor, taking into account the scope of the assignment, its degree of complexity and the estimated cost of the works.The procedures for determining the remuneration of the project manager and the consequences of the latter’s failure to comply with the commitments entered into with regard to the estimated cost of the works, with a distinction being made…