Understanding Price Revision in Public Sector Contracts

The Public Sector Contracts Law finally welcomes the possibility to revise the price of public sector contracts without exceptions.

Such revision will only be applicable to a part of the price of the contract, and shall require that the specifications foresee it and include the calculation formula.

This course delves deep into the intricacies of these legislative updates, focusing on the revised Article 103 and its impact on the periodic and predetermined revision of prices for various types of public sector contracts.

By the end of this course, you should be able to:

1. Understand the key provisions of Law 9/2017 and Law 11/2023 and their impact on the public sector contracting landscape, identifying the motivations behind these legislative changes
2. Understand the modifications to Article 103 and critically assess how these changes have expanded the scope of price revision for various types of public sector contracts