LEGAL METAMORPHOSES OF PUBLIC PROCUREMENTS FRAMEWORK  
  05 May 2004 (Invest Romania)
  The tuning treatments applied periodically to the legislation   in force has not ignored the Emergency Government Ordinance no. 60/2001 on   public procurements, as subsequently amended. Thus, three successive revisions   aimed at notching up the correction of art. 41 regarding the price denomination   under public procurement tenders.
  In concrete terms, referring only to the result reached to   date, we observe that according to art. 41 par. 2 prices under the public   procurement tenders must be denominated exclusively in ROL (the EURO   denomination being excluded). Moreover, in case of agreements entailing a   performance term of 12 months or under, the price must remain firm (i.e.   unmodified).
  Pursuant to art. 41 par. 3, in case of contracts concluded for   terms exceeding 12 months, the amendment of the price is circumscribed by   specific cumulative conditions. The amendment may be effected only: (i) for the   rest of the contract to be further performed, (ii) in case of damaging of the   legitimate commercial interest of the parties and (iii) if such causes could not   have been anticipated before the contract conclusion.
  However, it should be also noted that par. 5 and 6 of art. 41   have set out several important exceptions which, in fact, restrain significantly   the application of the above-mentioned rules.
  First, the rules provided by par. 2 shall not apply to the   contracts involving financing provided under EU programs and by other   international organizations.
  Second, are exempted the acquisitions of interchangeable   merchandises if the price is determined by listing on domestic or international   commodity exchange institutions.
  Third, there are exempted also the acquisitions of equipments,   machineries and services. In such cases, the price update is permitted with the   observance of criteria set by the said par. 3.
  In consideration of the above-mentioned, the specific   regulation of the price-update clauses under the public procurement procedures   should be performed on a case-by-case basis, by the thorough interpretation and   application of the new legal principles.