eige: draft service contract€¦ · eige/2015/adm/32 4 2 1 specify the consumer price index, e.g.:...

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EIGE/2015/ADM/32

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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

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