Contract Price Adjustment - CPA
The BEAMA Contract Price Adjustment (CPA) Advisory Service in its current format was first established in 1969, and provides information and guidance to both BEAMA and non-BEAMA members on a fee paying basis. This specialised service was first introduced to satisfy an increasing demand from many branches of industry for advice and guidance on various aspects of Contract Price Adjustment.
In addition to the Standard Contract Price Adjustment Clause and Formulae for Electrical Machinery and Mechanical Plant, BEAMA also produces a number of product formulae for specific applications covering:-
All of the above formulae are available for both home and export contracts except where specified.
The BEAMA CPA Advisory Service is widely recognised as the United Kingdom authority on Contract Price Adjustment and provides information and advice on a regular basis to over 600 companies.