Transcription of JBCC CONTRACT PRICE ADJUSTMENT …
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JBCC CONTRACT PRICE ADJUSTMENT …
jbcc CONTRACT PRICE ADJUSTMENT provisions ( cpap ) cpap Indices Application Manual The cpap indices are calculated and published by Stats SA and are licensed for distribution only on subscription from jbcc jbcc Series 2000 Code 2118 1 January 2012 The jbcc CONTRACT PRICE ADJUSTMENT provisions cpap Indices Application Manual: 1 January 2012 (i) jbcc CONTRACT PRICE ADJUSTMENT provisions ( cpap ) Background and Objective The Joint Building Contracts Committee ( jbcc ) accepted responsibility in 1995 for the administration of cpap as published by Stats SA with the signing of a Copyright Licence Agreement between the Government of South Africa and jbcc . In 1998 the provision of the indices to the building industry changed to an annual subscription to cover Stats SA s fee and jbcc s administration costs The formula ADJUSTMENT provision provides for the needs of contractors who require a clear-cut, agreed escalation recovery formula method to avoid dissension and disputes with employers and subcontractors and to provide reasonable reimbursement for PRICE fluctua
JBCC CONTRACT PRICE ADJUSTMENT PROVISIONS (CPAP) CPAP Indices Application Manual The CPAP indices are calculated and published by Stats SA and are licensed for distribution only on subscription from JBCC JBCC Series 2000 Code 2118 – …
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