Danish Defence Acquisition and Logistics Organization
Enclosure 3
1 Price Adjustment Terms and Method
a)
The prices mentioned in the Framework Agreement Clause 1 are basic prices valid for
delivery until 31. 12. 2011.
b)
If CONTRACTOR/PURCHASER hereafter wishes to amend the prices the request shall
be forwarded to CONTRACTOR/PURCHASER no later than 01 DEC. Approved prices will be
valid for deliveries after 31 DEC.
c) The prices are subject to revision on the basis of the following formula:
P1  P0 
M1
M0
- where
P1 = Adjusted Framework Prices
P0 = Basic Framework Prices
M1 = Mean value of all the indices, Quarterly Price Index, PRODUCERS PRICES
(Manufacturing), CONTRACTOR´s Country, published by Organisation for Economic Cooperation and Development (OECD), for the period between the quarter of the date of signing
the Contract and quarter of date of payment.
The index is published at the OECD homepage, www.oecd.org.
M0
=
Quarterly Price index as mentioned under M1 but for the third quarter 2011.
d) In case of delay caused by default of the CONTRACTOR the adjusted prices shall not be
higher than the prices calculated at the contractual date.