In this short video, Richard Offord, Katie Hindley and Jonathan Rush provide a 5 minute primer on key pricing issues in commercial contracts. Topics covered include whether suppliers can raise prices unilaterally, how to deal with inflation, cost plus and open book pricing, audit clauses, "best price" or MFN obligations, price-matching clauses and benchmarking.
Listen to the audio version below.
For more detailed coverage of many of the issues covered in this video, see the briefings in our Spotlight on pricing and payment series.