This is where you enter the indexation information for your contract. Below is a description of the available fields:
A. Projected Price Adjustment for Inflation £
Enter projected price adjustment for inflation. This field is mandatory to fill.
B. Add New Indexation Information
To add new indexation information, click the 'Add New Indexation Information' option at the bottom left of this form section. It will open a layered screen with options to enter details regarding new indexation.
B1. Payment Assessment No.
Enter payment assessment number as applicable.
B2. Assessment Date
Enter the payment assessment date as applicable.
B3. Price Adjustment Factor %
Enter the price adjustment factor as a percentage.
B4. Price Adjustment Value £
Enter price adjustment value.
B5. Price Adjustment Value Cumulative £
Enter the price adjustment value in cumulative terms.
B6. Final Account Agreed
Turn the switch button on if the final account is agreed, else keep it turned off.
Enter the required details as explained above, then click 'Update' to close the 'Indexation Information' screen and get back to the previous screen, else click 'Close'.
Next Article: Calculation of Estimated Final Cost