About the webinar
In order for any business to remain sustainable, the company has to monitor price escalation trends. In other words, it needs to keep track of the increases or decreases in the prices of various cost components that are relevant to a specific contract. A Contract Price Adjustment (CPA) is a mechanism that can assist any business in understanding, monitoring, containing and adjusting for volatility applicable variables such as exchange rates and inflation.
This free webinar outlines and discusses some of the contents are expounded in the Theory and Calculation of Contract Price Adjustment webinar course. Some examples include:
- the impact of COVID-19 on a company’s margins;
- the impact of COVID-19 on a company’s ability to deliver on signed contracts;
- the need for adjusting contracts and doing so at the correct time; and
- the importance of using SEIFSA’s PIPS in Contract Price Adjustment.
About the presenters
Palesa Molise is an Economist at SEIFSA. She holds an M.Com in Development Economics from the University of Johannesburg. Part of her role at SEIFSA entails advising on the buying and supplying side of contracts on matters relating to contract price adjustment and helping them structure their Contract Price Adjustment clauses, using the SEIFSA Price and Index Pages.
Eleen Snyman joined SEIFSA in March 2013 as an Economic and Commercial Officer in the Economic and Commercial Division. She has more than 15 years’ experience in imports and economic-related matters. Eleen is busy completing her Bachelor of Social Science (B.Soc). She assists in the daily compilation of the SEIFSA Price & Index Pages (PIPS).
Tel: 011 298 9400