Common use of Financial Proposal Clause in Contracts

Financial Proposal. The tenderer shall use the tender forms included in the corresponding section of the Annex. Determination of prices All prices given in the tender form must obligatorily be quoted in EUROS. This procurement contract is a price-schedule contract, i.e. a contract in which only the unit prices are lump-sum prices. The price to be paid will be obtained by applying the unit prices mentioned in the inventory to the quantities actually performed. In accordance with Article 37 of the Royal Decree of 18 April 2017, the contracting authority may for the purpose of verifying the prices carry out an audit of any and all accounting documents and an on-site audit to check the correctness of the indications supplied. Elements included in the price The tenderer is to include in his unit and global prices any charges and taxes generally inherent to the performance of the contract, with the exception of the value-added tax. The following are in particular included in the prices:

Financial Proposal. The tenderer shall use the tender forms included in the corresponding section of the Annex. Determination of prices All prices given in the tender form must obligatorily be quoted in EUROS. This procurement contract is a price-schedule contract, i.e. i.e., a contract in which only the unit prices are lump-sum prices. The price to be paid will be obtained by applying the unit prices mentioned in the inventory to the quantities actually performed. In accordance with Article 37 of the Royal Decree of 18 April 2017, the contracting authority may for the purpose of verifying the prices carry out an audit of any and all accounting documents and an on-site audit to check the correctness of the indications supplied. Elements included in the price The tenderer is to include in his unit and global prices any charges and taxes generally inherent to the performance of the contract, with the exception of the value-added tax. The following are in particular included in the prices: