Calculation of the estimated value of a contract 1 .

B Article 5 Calculation of the estimated value of a contract 1 .

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Peak traffic in TARGET in 2001 Volume Overall Domestic Cross border Value ( EUR billions ) Overall Domestic Cross border 2,040 1,479 751 28 Dec. 28 Dec. 29 June 380,146 318,173 63,159 28 Dec. 28 Dec. 20 Feb.

The average value of a cross border interbank payment was Euros 15.9 million , compared with Euros 17.7 million in 2001 , and the average value of a cross border customer payment was Euros 0.8 million , compared with Euros 1.0 million in 2001 . Further information , also on peak traffic days , is provided in Tables 19 and 20 .

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Peak traffic in TARGET in 2000 Volume Overall Domestic Cross border Value ( EUR billions ) Overall Domestic Cross border 1,551 1,032 586 30 Nov. 30 Nov. 30 June 283,745 236,658 60,770 29 Dec. 29 Dec. 29 Sep.

Furthermore , these coins may end up being retained by collectors , who may pay little attention to the overall value of their holdings .

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Retail systems deemed SIPSs would normally process a high overall value and , in particular , very high volumes of payments .

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With regard to contracts for the continuous supply of goods and services , the value to be taken as a basis for calculating the estimated contract value shall , where appropriate , be the following

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16 Profit for the year

In the case of successive supply , service or works contracts of the same type the calculation of the estimated contract value shall be based on the total actual value of the successive contracts awarded during the preceding 12 months .

The calculation of the value of a contract shall be based on the total amount payable , net of VAT , as estimated by the ECB .

( c ) the possible extensions were taken into account when calculating the value of the contract in accordance with Article 5 of this Decision .

16 . Profit for the year

( b ) Other intra Eurosystem liabilities that may arise ( b ) Nominal value

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and ( c ) the possible extensions were taken into account when calculating the value of the contract in accordance with Article 5 of this Decision .

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The calculation of the estimated value of works contracts shall take account of the total costs related to the execution of the work including the value of supplies necessary for executing the works and placed at the contractor 's disposal by the ECB .

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With regard to contracts for the continuous supply of goods and services , the value to be taken as a basis for calculating the estimated contract value shall , where appropriate , be the following ( a ) in the case of fixed term contracts the total value for the full term

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