How does price revision work in French public works contracts?

Price revisions adjust the invoice amount according to monthly INSEE indexes (e.g. BT01) and specific mathematical escalation formulas specified in the contract.

Public Procurement · France

Price Revision in French Public Contracts

January 15, 2024•5 min read

In France, contract price adjustments in public procurement are governed by the French Public Procurement Code. This mechanism ensures financial stability between contracting parties during long-term construction projects.

Key Principles

Mandatory for contracts exposed to significant economic market fluctuations
Uses official monthly INSEE indexes such as BT01 (Building) and TP (Civil Works)
Automated calculation eliminates arithmetic discrepancies and ensures compliance

1. Legal Framework and Regulations

Clauses define the base date, execution period, fixed share (k factor), and variable index weights. Our SaaS platform automates index retrieval and applies the exact statutory formulas.

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