Common use of Price Control Clause in Contracts

Price Control. Most municipalities in the country have decided to keep a strict control of prices, charges and tariffs and this means that these leading municipalities of the country will not increase their chargers for the public services in the new year as they had originally decided. The government has issued a statement where they follow the Central bank´s 2,5% price increase a year and the government will also revise those changes in charges/ tariffs that have been decitedin the state budget for 2014. Tariffs and charges in public companies in the ownership of state and communities will stick to the inflation target of 2.5% of the Central Bank.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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