Price Adjustment
A Price Adjustment represents an actual revision applied to prices based on the rules defined in a Price Adjustment Clause. It computes the updated amounts by comparing the reference indexes with their latest published values and applying the formula defined by the selected Price Adjustment Type.
Each Price Adjustment provides full transparency: you can review the inputs, the formula, and every step of the calculation. This ensures your project remains compliant with the contract while reflecting the latest market conditions.
Price Adjustment data
A Price Adjustment includes:
The Origin Document (e.g.: S00091)
The type (price adjustment type)
The Base date
The Adjustment Date
The Adjustment Formula (snapshot of the formula used for the clause)
The Base Price
The Adjustment Price
The Delta Price (= Ajustment Price - Base Price)
The Adjustment Factor (= Adjustment Price / Base price)
The adjustment lines, containing :
Product
Quantity
Base unit price
Base total price
Adjustment unit price
Adjustment total price
Delta unit price
Delta total price
The used variables, containing:
Value used
Original index
Used date
Price Adjustment state
A Price Adjustment can have one of the following states:
- New
- Sent
- Confirmed
- Invoiced
- Canceled
Reports
Two types of PDF reports can be printed from a Price Adjustment:
- Price Adjustment
- Price Adjustment (detailled)
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