Subject to the provisions of sub-section 3 of this section, the State, its public establishments other than those of an industrial and commercial nature, local authorities, their public establishments and their groupings conclude a final price contract.
A definitive price may be firm or revisable.
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…
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…
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…
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.
A reviewable price is a price which may be modified, under the conditions set out in this article, to take account of economic variations. A contract is concluded at a reviewable price where the parties are exposed to major risks due to reasonably foreseeable changes in economic conditions during the period of performance of the services. This is particularly the case for contracts for the purchase of agricultural and food…
Contracts with a performance period of more than three months which require for their performance the use of a significant proportion of supplies, in particular raw materials, the price of which is directly affected by fluctuations in world prices, shall include a price review clause including at least one reference to the official indices used to set these prices, in accordance with the provisions of article R. 2112-13. However, contracts…
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
