Common use of ESTIMATED VALUE OF THE FRAMEWORK AGREEMENT Clause in Contracts

ESTIMATED VALUE OF THE FRAMEWORK AGREEMENT. The estimated value of the framework agreement is two hundred and twenty thousand euros (220,000 €), excluding the Value Added Tax or equivalent indirect taxes. This amount represents the estimated maximum value of the set of contracts that can be made during the total duration of the framework agreement, excluding the Value Added Tax or equivalent indirect taxes. The calculation of the estimated value of the contract has been made on a flat-rate basis. The indicated figure is purely indicative and not binding. Consequently, there is no obligation for SENASA to acquire a determined volume.

Appears in 5 contracts

Sources: Framework Agreement, Framework Agreement, Framework Agreement