S.L. 601.5 ст. 55Calculation of the estimated contract valueoftheservice contracts.

(1) With regard to service contracts, the basis for calculating the estimated contract value shall be as follows:

(a) insurance services: the premium payable, and other forms of remuneration;

(b) banking and other financial services: the fees, commissions payable, interest and other forms of remuneration;

(c) design contracts: fees, commissions payable and other forms of remuneration.

(2) With regard to service contracts which do not indicate a total price, the basis for calculating the estimated contract value shall be as follows:

(a) in the case of fixed-term contracts, where that term is less than or equal to forty-eight months: the total value for their full term;

(b) in the case of contracts without a fixed term or with a term greater than forty-eight months: the monthly value multiplied by 48.

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