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Fluctuations, 1st edition

Fluctuations, 1st edition

This guidance outlines different fluctuating price mechanisms for use in contracts, selection of appropriate mechanisms for particular situations and techniques for calculating adjustments.

Main topics

  • An introduction to fluctuating price.
  • General principles (Level 1: Knowing).
  • Fluctuations in different types of contracts.
  • Types of fluctuations.
  • Calculation of increased costs due to delay and allocation of responsibility.
  • Changes in costs due to currency exchange rates.
  • Practical application (Level 2: Doing).
  • Practical considerations (Level 3: Doing/Advising).
  • Choosing the contract.
  • Factors to consider.
  • Choice of indices and selecting the appropriate method of calculating fluctuations.