The Payment Certifier is the person or entity identified as such in the Agreement responsible for the issuance of certificates for payment.

stage (3.3.11) covering events up to the point when a contract (3.1.2) is placed

The process in which an owner, based upon financial, management and other qualitative data, determines whether a firm is qualified to compete for a project or class of projects (prequalification should be distinguished from short-listing).

formula for amending contract (3.1.2) price (3.6.5) as a function of the variation in certain indices or parameters