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Article R2312-11 of the French Public procurement code

A reviewable price is a price which may be modified, under the conditions set out in this article, to take account of economic variations.When the price is reviewable, the contract terms set out the date on which the initial price is established, the procedures for calculating the review and the frequency with which it is implemented. The procedures for calculating the price review are set:1° Either on the basis of…

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Article R2312-12 of the French Public procurement code

Defence or security 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 and substantially affected by fluctuations in world prices, include a price review clause including at least one reference to the official indices for setting these prices, in accordance with the provisions of article R….

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Article R2312-13 of the French Public procurement code

Purchasers may conclude a defence or security contract at provisional prices only in the following cases:1° When, in the case of complex services or services using a new technique and either of an imperative urgent nature or resulting from an emergency crisis situation, or involving major technical contingencies, performance of the contract must begin while it is not yet possible to determine a definitive initial price;2° When the results of…

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