Varying prices once a contract is underway - Part 2 | Eversheds Sutherland
Varying prices once a contract is underway - Part 2
Building resilience in your contracts
September 17, 2024
Global
Global
Global
Following the release of the first part of our Contract Pricing Mini-Series, we are delighted to share the second instalment: building resilience in your contracts, highlighting the contractual mechanisms that may be relied upon and the importance of considering these from the outset of the contract.
Among the topics we discuss are:
Variations: Handling additions, substitutions, and descoping
Change Mechanisms: Clear parameters for price changes
Fluctuation Provisions: Adjusting prices to reflect market changes
Managing Exchange Rate Fluctuations: Sharing risks and ensuring clarity
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