Pr= reviewed total price; 

Po= price in the original Contractor’s  Tender; 

Io= index for the month of the Contract Date  of the Framework Contract ; 

Ir= index for the month in which the letter requesting a price review was received by Europol. 

## 1. Address: 

Request(s) for payment shall be sent to: 

Europol Finance Unit P.O. Box 90850 2509 LW - THE HAGUE – The Netherlands (NL) 

## 2. Date of payment: 

## Payments and guarantees 

## Article II-8 

Payments shall be deemed to be effected on the date when they are debited to Europol’s account. 

## 3. Currency: 

Unless stated otherwise in the Special Conditions, the currency of the Framework Contract  is the EURO. 

## 4. Exchange rate conversion: 

Payments shall be executed in the currency of the Framework Contract . Conversion between EURO and another currency shall be made according to the daily EURO exchange rate published in the Official Journal of the European Union or failing that, at the monthly accounting exchange rate established by the European Commission and published on its website (http://ec.europa.eu/budget/contracts_grants/info_contracts/inforeuro_en.cfm), applicable on the day on which the payment order is issued by Europol. 

## 5. Costs of bank transfer: 

The costs of the bank transfer shall be borne in the following way: 

a) Europol bears any costs of dispatch charged by its bank; 

b) the Contractor  bears any costs of receipt charged by its bank; and 

c) the party causing repetition of the transfer bears the costs for the repeated transfer. 

## 6. Pre-financing and performance guarantees: 

i. Where, in accordance with the Special Conditions, a financial guarantee is required, it must fulfil the following conditions: 

a) the financial guarantee is provided by a bank or a financial institution at Europol’s approval or, at the request of the Contractor and in agreement by Europol, by a third party; 

b) the guarantor stands as first-call guarantor and does not require Europol to have recourse against the principal debtor (the Contractor). 

ii. The Contractor bears the cost of providing such guarantee. 

