11.4. COST PRICE ADJUSTMENTS (CPA)

In order to ease the pressure of market fluctuations in the cost of construction materials during the contract period, the Employer (sometimes) agrees to adjust the prices and such provisions are provided for in the Tables of Adjustment Data in the General Condition of Contract (GCC). There are following steps to complete calculation of CPA refer▬►Clause 44: Price Adjustment, SB Document and also in refer▬►FIDIC, Multilateral Development Bank Harmonized Edition March 2006, Clause 13: VARIATIONS AND ADJUSTMENTS, Sub-Clause 13.8: Adjustments for Changes in Cost