Skip to main content
Kılıç Law Office emblem
FAQ4735

What is done where the wrong index is used in a price adjustment?

The index and coefficient appropriate to the nature of the work item are determined by the contract and the Principles on Price Adjustment. Where the wrong index affects the amount of the progress payment, the calculation table must be corrected and the dispute recorded in writing.

Cookie and external content preference

This website does not use advertising, marketing or analytics cookies. Apart from records required for security and to remember your choice, external content such as maps and videos loads only if you allow it. Cookie policy