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miRS-tonpon - Sturmpanzer.com

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Para. 7 ~ CompensationCompensation will normally be paid according to fixed rates laiddown in the specification. If the price of labour increases, theSecond Party may request a revision of the rates.Compensation according to costs will only be paid if exceptionalcircumstances require it*I - Fixed Prices:Para. 8. - The Estimation of CompensationWages are fixed according to the standard rate, without referenceto <strong>com</strong>pulsory deductions*The price of material is calculated from the lists appended tothe contract. Supplementary payments will be made to cover increasedprices, transport costs, and unavoidable waste; if prices fall, excess<strong>com</strong>pensation granted must be repaid to the First Party.Compensation for equipment maintenance is 115^ of the rate laiddown in the "Wibauliste" (Economic Group: Construction Industry List).A supplementary payment for running expenses will be made at therate of 1^6 of the total cost of wages, material, and equipmentmaintenance.On the basis of the total sum thus obtained, a further 6^ isallowed to cover profit and risks incurred.Workmen's insurance etc» will be paid by the First Party.Special agreements will be made concerning use of the SecondParty's own vehicles, extra maintenance cfosts, time rates, etc. Extrawork will only be paid for if the First Party has agreed to it.Payment of expenses:Compensation) will be paid for the following expenses:­Wages, plusWorkmen's insurance etc.Equipment expenses, according to Wibauliste, plusTransport costs.Revenue payments.Special agreements will be made concerning the use of ttie Second Party'sown vehicles, and material provided by it.Para. 9 - Accounting and PaymentsThe Second Party will receive initially an advance of 3,000lire for each workman employed. The First Party may demand asecurity for this advarce.The Second party must keep accounts of all work carried out and allexpenses, and submit a monthly statement based on these. The FirstParty will pay <strong>com</strong>pensation within 14 days. Minor queries as to theaccuracy of items should not be allowed to hold this up.The payment will be made, in lire, into an account with an Italianbank as designated by the Second Party.- 66 ••

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