Billable Rate Changes a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton written notice a minimum of sixty (60) Calendar Days before the upcoming term.
b. Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by Thornton.
Billable Rate Changes. Under no circumstances shall any software subscription costs, billable hourly rate increase, or Schedule of Charges exceed three percent (3.00%) of the annual cost for the renewal term once the Renewal Term has expired. The revised Schedule of Charges shall only be effective by a written and approved Change Order of this Agreement executed by Thornton.
Billable Rate Changes a. The billable rates shall remain fixed through the initial term, December 31, 2023, at a minimum. Service Provider may request an increase to the Billable Rate after the initial term and any subsequent Term provided Service Provider gives Thornton written notice a minimum of sixty (60) calendar days before the upcoming term.
b. Under no circumstances shall any billable rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by the Parties.
Billable Rate Changes. All billable rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“Initial Year”). Upon conclusion of the Initial Year, the Service Provider may request an increase for the following Renewal Year. It is the obligation of the Service Provider to provide a written request of an increase for the following Renewal Year to Thornton, with a written notice of a minimum of ninety (90) Calendar Days prior to the upcoming term. Should the Service Provider fail to provide a written request in time, Thornton may elect to continue forward for the upcoming Renewal Year at the same pricing. All revised billable rates shall only be effective by a written Amendment of this Agreement executed by Thornton. Under no circumstances shall any revised billable rate increase exceed the inflation rate based upon the following Consumer Price Indices published by the Bureau of Labor Statistics and the St. Louis Federal Reserve Economic Data (the “XXXX”):
Billable Rate Changes. The billable hourly rates shall remain fixed for, at a minimum, the completion of the initial project. Vendor may request an increase to the Billable Rate after the initial project is complete annually, and any subsequent Term provided Vendor gives Thornton written notice a minimum of sixty (60) Calendar Days before the upcoming term. Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by Thornton.
Billable Rate Changes. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Vendor may request an increase to these billable rates after the First Term and any subsequent Term provided Vendor gives Thornton written notice a minimum of sixty (60) Calendar Days before the upcoming term. All billable rate increase requests made by the Vendor to Thornton shall be based on a not-to-exceed rate of the Denver-Aurora-Lakewood Consumer Price Index (“CPI”). A link to the index that is current at the time of signatures to this Agreement is as follows: xxxxx://xxxx.xxx.xxx/pdq/SurveyOutputServlet?data_tool=dropmap&series_id=CUURS48BSA0,CUUSS48BSA0 If the Vendor does not request an increase, then the rate that is currently used will remain in effect until otherwise requested by the Vendor and mutually agreed upon by both Parties. The revised Schedule of Charges for updates performed for the billable rate adjustments shall only be effective by a written, approved, and signed Change Order of this Agreement executed by Thornton.
Billable Rate Changes a. The billable monthly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Xxxxxxxx written notice a minimum of sixty (60) Calendar Days before the upcoming term.
b. Under no circumstances shall any billable rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Xxxxxxxx. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by Xxxxxxxx.
Billable Rate Changes. <Note to Editor: Make sure that your rate changes align with your Schedule of Charges and if there are allowable changes to pricing. 4.a-4.c below are options so delete, modify, and/or combine together as necessary.>
a. At the end of the initial term, the Parties may adjust the software subscription pricing based upon Xxxxxxxx’x actual or anticipated usage.
b. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Vendor may request an increase to the Billable Rate after the First Term and any subsequent Term provided Vendor gives Xxxxxxxx written notice a minimum of sixty (60) Calendar Days before the upcoming term.
c. Under no circumstances shall any software subscription costs, billable hourly rate increase, or Schedule of Charges exceed three percent (3.00%) of the annual cost for the renewal term. The revised Schedule of Charges shall only be effective by a written and approved Change Order of this Agreement executed by Xxxxxxxx.
Billable Rate Changes. At the end of the initial term, the Parties may adjust the software subscription pricing based upon Xxxxxxxx’x actual or anticipated usage. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Under no circumstances shall any software subscription costs, billable hourly rate increase, or Schedule of Charges exceed three percent (3.00%) of the annual cost for the renewal term. The revised Schedule of Charges shall only be effective by a written and approved Change Order of this Agreement executed by Xxxxxxxx.
Billable Rate Changes a. The billable rates shall remain fixed for, at a minimum, the initial twelve
