Common use of Price Adjustment 50 Clause in Contracts

Price Adjustment 50. 1 If applicable, the amounts payable to the Contractor, in various currencies pursuant to sub-Clause 45, shall be adjusted in respect of the rise or fall in the cost of labor, Contractor‟s Equipment, Plant, materials, and other inputs to the Works, by applying to such amounts the formulae prescribed in this clause.

Appears in 17 contracts

Samples: Contract for Rehabilitation Works, Contract Agreement, Contract Agreement

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