Appendix 3 – Price, price regulation and billing

This appendix was last updated 2023-11-06.

3.1 Price

The total compensation, including the agreed price for the products as well as the applicable maintenance fee at the time of contract signing, is specified in the Quotation.

Upon entering into the Agreement, the Buyer agrees that if the Buyer later changes the configuration of the Agreement, this will have an impact on the price.

3.2 Price Regulation 

Standard Online reserves the right to adjust prices annually as a result of normal price rises of standards and/or the price regulation of our purchase prices. Standard Online can also change prices at any time as a result of unforeseen prices from our suppliers as well as change discounts and discount structures.

The price of standard collections is dynamic, meaning it changes when the content of the collection changes. The price is based on the number of users and the standards included in the collection.

3.3 Billing, when payments are due and interest on arrears

The initial billing takes place immediately after entering into an agreement and applies for the year of the agreement, which is identical to the calendar year unless another agreement period has been agreed. Standard payment terms and conditions are 20 days. In the event of late payment, interest will accrue in accordance with the Norwegian Act on Interest on Late Payments. If reminders are necessary, a reminder fee will be levied.

3.4 Value Added Tax

All prices are stated excluding VAT.