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GUIDANCE NOTE ON PROCUREMENT

ASIAN DEVELOPMENT BANKPRICE ADJUSTMENTGUIDANCE NOTE ON PROCUREMENTJUNE 2018 ASIAN DEVELOPMENT BANKPRICE ADJUSTMENTGUIDANCE NOTE ON PROCUREMENTJUNE 2018 Creative Commons Attribution-NonCommercial-NoDerivs IGO license (CC BY-NC-ND IGO) 2018 Asian Development Bank6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, PhilippinesTel +63 2 632 4444; Fax +63 2 636 rights reserved. Published in 2018. ISBN 978-92-9261-198-9 (print), 978-92-9261-199-6 (electronic)Publication Stock No. TIM189397-2 DOI: views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

which requires an evaluation of relevant costs and benefits along with an assessment of risks, nonprice attributes, and/or total cost of ownership as appropriate efficiency Quality Flexibility ... plant contracts.1 Price adjustment provisions are planned during the procurement

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