eige: draft service contract€¦ · eige/2015/adm/32 4 2 1 specify the consumer price index, e.g.:...
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1 Specify the consumer price index, e.g.:
“MUICP”: (euro area) for contracts expressed in euro (as a general rule);
“EICP”: for contracts performed in the European Union (outside the euro area);
consumer price index of the State in whose currency the contract price is expressed:
a) index of the State where the contractor is mainly based; or
b) index of the State where the service will be mainly carried out.
2 The insertion of pre-financing and interim payment clauses is optional but there must always be provision
for payment of the balance.
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6 Necessary for creators