Finance Schedule definition
Examples of Finance Schedule in a sentence
For the avoidance of doubt, a contract variation in line with Clause 16.2 of this Agreement is required to update the prices in the Finance Schedule to take account of inflation.
All figures in the Finance Schedule are INCLUSIVE of all indirect costs, capacity building and Trial Site specific multipliers.
In accordance with the above, the Trial Site represents and warrants that prior to execution of this Agreement, no alterations have been made to the Financial Arrangements Appendix, including the Finance Schedule, provided by or on behalf of the Sponsor.
Changes, by either Party, to the Finance Schedule, prior to the Effective Date of this Agreement, are not permitted under the terms of the National Directive on Commercial Contract Research Studies, in England, and equivalent policy positions in each of the devolved administrations.
Clinical Trials that are subject to National Contract Value Review must use an unmodified version of the Finance Schedule generated by the interactive Costing Tool (iCT).
Changes, by any Party, to the Finance Schedule, prior to the Effective Date of this Agreement, are not permitted under the terms of the National Directive on Commercial Contract Research Studies, in England, and equivalent policy positions in each of the devolved administrations.
Inflation Adjustment to the Finance Schedule to account for inflation (“Adjustment”) may be undertaken, at Trial Site request or as initiated by the Sponsor, a minimum of two years (twenty-four consecutive months) from the Effective Date of the Agreement and thereafter every twelve months.
Clinical Investigations that are subject to National Contract Value Review must use an unmodified version of the Finance Schedule generated by the interactive Costing Tool (iCT).
The revised iCT Finance Schedule generated on the day agreed, will be provided by the Sponsor to the Trial Site and incorporated into this Agreement, with subsequent invoices reflecting the uplifted Finance Schedule, subject to Clause 4.1.1 of this Appendix.
The prices presented in the revised Finance Schedule, accounting for inflation, will be the prices generated by the interactive Costing Tool (iCT) on the day agreed by the Parties, and the revised prices will be applied to all Clinical Trial payments made as a result of the first and any subsequent invoices following execution of contract variation.