Generally speaking, all contracts have several key clauses. With regard to telecommunications contracts, in particular long-term contracts (more than 2 years) or agreements. Dare we say that with clumsy spending commitments, an important contractual clause that you must include is the right to calculate your costs. In secular terms, a reference clause aims to ensure that your contractual rate remains competitive throughout the contractual relationship. Benchmarking is a risk management tool developed to overcome the risks associated with long-term fixed-price contracts. In its simplest format, a calibration method compares a contract price to a market price, and the contract defines the legal obligations of the parties as a result of this comparison. Suppliers obviously prefer that the results of the benchmark report are not automatically binding and only serve as a trigger for price renegotiation. . . .