PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES Clause Samples

The "Pricing Mechanism for the Calculation of Framework Prices" clause defines how prices are determined and adjusted within the context of a framework agreement. It typically outlines the formulas, indices, or reference points used to calculate the prices of goods or services over the contract period, and may specify how changes in market conditions or input costs affect pricing. This clause ensures transparency and predictability in pricing, helping both parties manage financial risk and avoid disputes over price adjustments during the contract term.
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. 8.1 Framework Prices shall be calculated using the pricing methodology in Annex 1 to this Framework Schedule 3 and on the basis of the rates and prices specified in Annex 2 to this Framework Schedule 3, as more particularly set out in this Framework Schedule 3.
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. Framework Prices for Direct Call Off shall be as shown in Annex 1 Spoken and Non Spoken Face to Face Services - travel costs and travel time up to a five mile radius must be included in rates provided, the point of origin of the journey will be the Linguist home or current location whichever is the closest to the place of the assignment. The Framework Prices in Annex 1 shall be subject to increase by way of Indexation. Charging structure - the Prices quoted in the pricing table attached in Annex 1 are based on: an insurance level sufficient to cover the Limit of liability listed in Clause 36 of the Model Call-Off Contract; cancellations as set out in paragraph 3.9 of Framework Schedule 2 Cancellation by Contracting Authorities –Non Spoken and Spoken Video Language Services The Supplier shall not charge for Assignments that are cancelled where 24 hours’ notice before the booked Assignment time (as indicated on the booking request form), is given by the Contracting Authority. Where 24 hours’ notice is not given for a cancellation and the Linguist is not, either travelling to the booking, or on site at the booking, the Supplier may charge half the amount of time indicated on the booking request form. Cancellation by the Contracting Authority Non-spoken Face to Face only Cancellation by the Contracting Authority will be a full charge up to 5 working days before the assignment (as indicated on the booking form); 50% of the fee if cancelled between 5 – 10 working days. Cancellation by the Linguist and / or Supplier The Supplier shall be liable for any costs and losses that are incurred as a direct consequence of a Linguist failure to attend the Assignment at the specified location and at the specified time (for example but not limited to, Court or medical costs). The Contracting Authority shall specify the calculation for such costs at the Call Off Agreement stage. all second tier (and subsequent tier) supply chain partners commission and /or mark ups. direct Labour Costs (the basic rate paid by the Supplier to its Staff including any premium time payment, fringe benefits and bonus payments; payroll Burden (all costs of taxes and contributions imposed by law, or regulations e.g. employer’s liability insurance, unemployment compensation, old age benefits, pensions and annuities and disability insurance); all costs of the Supplier’s standard employee benefits e.g. retirement funds, health and life assurances and any bonus schemes; all costs associated with holiday...
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. Framework Prices shall be calculated using the pricing mechanism specified in Annex 1 to this Framework Schedule 3 and on the basis of the rates and prices specified in Annex 2 to this Framework Schedule 3, as more particularly set out in this Framework Schedule 3. Table 1 of Annex 1 sets out which pricing mechanism shall be used to calculate each Framework Price, which shall be “Time and Materials”, in which case the provisions of Paragraph 3.3 of this Framework Schedule 3 shall apply. Time and Materials Where Table 1 of Annex 1 indicates that a Framework Price (as applicable) is to be calculated by reference to a Time and Materials pricing mechanism, the day rates set out in Table 1 of Annex 2 shall be used to calculate the relevant Framework Prices, provided that the Supplier (or its Sub-Contractor) shall not be entitled to include any uplift for risks or contingencies within its day rates.
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. 3.1 Framework Prices shall be calculated using the pricing mechanism specified in Annex 1 to this Framework Schedule 3 and on the basis of the rates and prices specified in Annex 2 to this Framework Schedule 3, as more particularly set out in this Framework Schedule 3. 3.2 Table 1 of Annex 1 sets out which pricing mechanism shall be used to calculate each Framework Price, which shall be “Time and Materials”, in which case the provisions of Paragraph 3.3 of this Framework Schedule 3 shall apply, or where a further competition is held in accordance with Framework Schedule 5 (Call Off Procedure), such fixed price or risk and reward mechanism as the Contracting Authority shall agree under any Call Off Contract.
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. Framework Prices shall be calculated using the pricing mechanism specified in Annex 1 to this Framework Schedule 3 and on the basis of the rates and prices specified in Annex 2 to this Framework Schedule 3, as more particularly set out in this Framework Schedule 3. Tables 1 to 5 of Annex 1 and Tables 1 to 5 of Annex 2 set out which pricing mechanisms which shall be used to calculate each Framework Price, which shall be one or more of the following: “Time and Materials”, in which case the provisions of Paragraph Error: Reference source not found shall apply;
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. 3.1 Framework Prices shall be based on the rates and prices specified in Annex 3 to this Framework Schedule 3. 3.2 Framework Prices shall include all costs and expenses relating to the Goods and/or Services provided to Contracting Authorities and/or the Supplier’s performance of its obligations under any Call Off Agreements and/or Lease Agreements and no further amounts shall be payable by a Contracting Authority to the Supplier in respect of such performance, including in respect of matters such as:
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. 3.1 For Lots 1 to 11 and 13 and 14 pricing will be determined at Further Competition in accordance with the pricing option appropriate to the form of Call Off Agreement that will be used. The pricing mechanism utilised at Further Competition may not be cognisant of the Framework Prices specified in Annex 2 to this Framework Schedule 3.
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. Framework Prices for Direct Call Off shall be as shown in Annex 1 Spoken and Non Spoken Face to Face Services - travel costs and travel time up to a five mile radius must be included in rates provided, the point of origin of the journey will be the Linguist home or current location whichever is the closest to the place of the assignment. The Framework Prices in Annex 1 shall be subject to increase by way of Indexation. Charging structure - the Prices quoted in the pricing table attached in Annex 1 are based on: an insurance level sufficient to cover the Limit of liability listed in Clause 36 of the Model Call-Off Contract; cancellations as set out in paragraph 3.9 of Framework Schedule 2 all second tier (and subsequent tier) supply chain partners commission and /or mark ups. direct Labour Costs (the basic rate paid by the Supplier to its Staff including any premium time payment, fringe benefits and bonus payments; payroll Burden (all costs of taxes and contributions imposed by law, or regulations e.g. employer’s liability insurance, unemployment compensation, old age benefits, pensions and annuities and disability insurance); all costs of the Supplier’s standard employee benefits e.g. retirement funds, health and life assurances and any bonus schemes; all costs associated with holidays with pay, sickness leave with pay, customary and public holidays; all costs associated with the recruitment, training, security vetting of Linguists rare language uplift for Spoken Face to Face services profit The Charges set out in the pricing table do not include: travel costs and travel time over a 5 mile radius, the point of origin of the journey being the Linguists home or current location whichever is the closest to the place of the assignment, the Supplier shall need to request Travel and Subsistence from the Contracting Authority. (See Paragraph 3.11 of Framework Agreement Schedule 2) any entitlement to any minimum payments payable to the Supplier; any Additional Expenses;
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. NOT USED
PRICING MECHANISM FOR THE CALCULATION OF FRAMEWORK PRICES. 3.1 The Framework Prices are set out in Annex 1 to this Framework Schedule 3. 3.2 All additional discounts that shall be applicable to the Framework Prices are set out in Annex 1 to this Framework Schedule 3.