Instructions

Contractor Name:

PWGSC File Number:

Contract Number:

Item/Invoice Number:

Instructions

Where:

i₀= initial exchange rate (CAN$ per unit of foreign currency [e.g. US $1])
i₁ = exchange rate for adjustment purposes (CAN$ per unit of foreign currency [e.g. US $1] )

Instructions to bidders:

1. Bidders must complete columns (1) to (4) at time of bidding, for each line item where they want to invoke the exchange rate fluctuation provisions.
2. Where bids are evaluated in Canadian dollars, the dollar values provided in column (3) should also be in Canadian dollars, so that the adjustment amount is in the same currency as the payment.

Instructions for Payment:

1. This form must be submitted with the invoice for payment with respect to all items with an FCC. Complete columns (1) through (7). Columns (8) and (9) will auto complete.
2. Suppliers should submit a separate calculation sheet for each invoice submitted showing the exchange rate adjustment for all line items with an FCC.
3. This form must be provided with all invoices where the exchange rate fluctuates more than 2% (increase or decrease), (i.e. abs[(i₁ - i₀) / i₀] > .02), unless otherwise stated in the contract.

Clear Data