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Article R2112-9 of the French Public procurement code

A firm price is a price which remains unchanged for the duration of the contract.A contract is concluded at a firm price when this form of price is not such as to expose the parties to major uncertainties due to reasonably foreseeable changes in economic conditions during the period of performance of the services.The firm price may be discounted under the conditions defined in this paragraph. The price thus discounted…

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Article R2112-10 of the French Public procurement code

Where a contract is concluded at a fixed price for non-routine supplies or services or for works, its terms must provide for the updating of its price.Where a contract is concluded at a fixed price for routine supplies or services, its terms may provide that its price may be updated.Routine supplies or services are deemed to be those for which the purchaser does not impose technical specifications specific to the…

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Article R2112-11 of the French Public procurement code

When a contract is concluded at a firm price in application of article R. 2112-10, its clauses specify: 1° That this price will be updated if a period of more than three months elapses between the date on which the tenderer set its price in the tender and the date on which performance of the services begins; 2° That the update will be made under economic conditions corresponding to a…

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Article R2112-12 of the French Public procurement code

In contracts with instalments, the price of each instalment may be discounted under the conditions set out in articles R. 2112-10 and R. 2112-11. This discounting is carried out on the basis of the economic conditions observed on a date three months prior to the start of performance of the services in the instalment.

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