kontraktsumma

Kontraktsummen, or contract value, is the total monetary value of a contract, representing the buyer’s maximum financial obligation to the supplier for the goods, services, or works specified in the agreement over its term. In many contexts, the kontraktsummen is stated excluding value-added tax (VAT), unless the contract specifies otherwise, and is usually expressed in the contract currency.

The figure is determined by the scope of delivery, quantities, unit prices, any installation or commissioning costs, and any mandatory components or services that the buyer commits to. It may also include options or extensions that are expected to be exercised, as well as price adjustments for inflation, currency fluctuations, or escalation clauses. A kontraktsummen can be a fixed amount or a ceiling, with the final value potentially varying if scope changes occur or additional work is authorized.

In procurement and contract management, kontraktsummen is used for budgeting, tender evaluation, and reporting. It helps compare bids and ensures that total costs are considered, not only unit prices. Changes in scope are typically handled through variations or change orders that can increase the contractual value up to the agreed ceiling.

Practical considerations include clarifying whether VAT is included, how scope changes affect the value, and how currency and price adjustments are calculated. Framework agreements or multi-year contracts may specify a maximum value per period or for the full term, in which case the kontraktsummen represents the maximum obligation.