Valtioneuvoston päätös rakennusurakkasopimuksissa käytettävistä indeksiehdoista | 1028 — Finland law | Esheria

Valtioneuvoston päätös rakennusurakkasopimuksissa käytettävistä indeksiehdoista

For construction contracts made after this decision takes effect, an index clause may be included if the contract period is at least 12 months. A housing-construction contract tied to certain listed financing or subsidy laws is treated as an exception, and its contract period may be shorter.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Finland
Instrument
Act or statute
Citation
1028
Version
Undated source snapshot
Language
fi
Official source
View official record ↗
construction construction contracts effective date index clauses indexation price adjustment pricing indexation project duration definitions temporal applicability

Statute overview

About this statute

For construction contracts made after this decision takes effect, an index clause may be included if the contract period is at least 12 months. A housing-construction contract tied to certain listed financing or subsidy laws is treated as an exception, and its contract period may be shorter. This section defines what counts as a construction contract and what “urakka-aika” means. The provision allows index clauses to be used in certain construction and civil engineering contracts to link VAT-exclusive contract prices to specified cost indices. From the index change referred to in section 3, at most two-thirds may be taken into account. For index-linked adjustment, the base index is the index for the month or quarter when the contract offer was submitted, and the review index is the index for the month or quarter when the work or work stage was completed.