Will someone please explain how the CPI factor effects my contract. I was told the CPI percentage increase would only be applied between the original contract date and the original scheduled delivery date. In my case the contract date is 9/15/98 and the original delivery date was 9/30/99. Will the CPI factor be applied to that year or will it apply from original contract date to actual delivery date?
Walt- The factor is applied from the date you signed until the originally contracted delivery date. I got Cirrus to confirm this in writing a while back.
Glenn (SR20 #266)
Will someone please explain how the CPI factor effects my contract. I was told the CPI percentage increase would only be applied between the original contract date and the original scheduled delivery date. In my case the contract date is 9/15/98 and the original delivery date was 9/30/99. Will the CPI factor be applied to that year or will it apply from original contract date to actual delivery date?
Thanks for the good news!
Walt- The factor is applied from the date you signed until the originally contracted delivery date. I got Cirrus to confirm this in writing a while back.
Glenn (SR20 #266)
Will someone please explain how the CPI factor effects my contract. I was told the CPI percentage increase would only be applied between the original contract date and the original scheduled delivery date. In my case the contract date is 9/15/98 and the original delivery date was 9/30/99. Will the CPI factor be applied to that year or will it apply from original contract date to actual delivery date?