COMMODITY PRICE. 4.1. The Commodity Price shall be calculated in accordance with this paragraph 4. 4.2. A Contracting Body shall require the Supplier to provide the following pricing options for the Commodity Price per Fuel Type: 4.2.1. Daily lagged pricing based on the close price on the Working Day immediately preceding the day of delivery of that Fuel Type (“Daily 4.2.2. Weekly lagged pricing calculated on the first Working Day of each week in which the delivery is to take place according to the mean average of each of the Daily Lagged Prices for that Fuel Type from the previous week (“Weekly Lagged Price”). 4.3. The method of pricing shall be chosen by the Contracting Body during the Further Competition Procedure.
Appears in 15 contracts
Samples: Framework Agreement, Liquid Fuels Framework Agreement, Liquid Fuels Framework Agreement
