Accountancy, asked by enamulhasan769, 19 hours ago

what do you mean by base date?​

Answers

Answered by ksrishti866
0

Answer:

a reference date from which changes in conditions can be assessed

Answered by raksha61
4

ANSWER :

The base date sets the reference date from which the conditions under which the tender was prepared are considered to have been known by the contractor and so are properly reflected in their price. If specified conditions change before the contract is implemented, then the contract may be adjusted to reflect this

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