Subject:
AccountancyAuthor:
benjamin42Created:
1 year agoAnswer:
a reference date from which changes in conditions can be assessed
Author:
baileepsel
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4ANSWER :
The base date sets the reference date from which the conditions under which the tender was prepared are considered to have been known by the contractor and so are properly reflected in their price. If specified conditions change before the contract is implemented, then the contract may be adjusted to reflect this
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Author:
tessapfxl
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19