# S.L. 601.05, regulation 55. Calculation of the estimated contract value of the service contracts

- URL: https://procurelex.mt/en/utilities/55 · Malti: https://procurelex.mt/mt/utilitajiet/55
- Public Procurement of Entities operating in the Water, Energy, Transport and Postal Services Sectors Regulations (S.L. 601.05), consolidated version in force from 2024-01-01; official text (prevails): https://legislation.mt/eli/sl/601.5/eng

(1) With regard to service contracts, the basis for calculating the estimated contract value shall be as follows:
   (a) insurance services: the premium payable, and other forms of remuneration;
   (b) banking and other financial services: the fees, commissions payable, interest and other forms of remuneration;
   (c) design contracts: fees, commissions payable and other forms of remuneration.
(2) With regard to service contracts which do not indicate a total price, the basis for calculating the estimated contract value shall be as follows:
   (a) in the case of fixed-term contracts, where that term is less than or equal to forty-eight months: the total value for their full term;
   (b) in the case of contracts without a fixed term or with a term greater than forty-eight months: the monthly value multiplied by 48.