Commercial conditions

The commercial conditions (CC) is the BIS document in which the owner establishes the information required from the bidder as regards prices, price breakdown, price escalation formulae, payment terms and schedule, and other commercial conditions for the scope of supply and services offered.

The owner must request all information regarding prices and commercial conditions to be provided in sufficient detail to facilitate the economic and financial evaluation of the bids and to serve as the basis for establishing the commercial conditions of the contract.