Common use of Contract Price Increase Clause in Contracts

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (per Amendment No. 1), the contract is hereby increased by 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X - Series ID PCU23821X23821X”) for the 12-month period ending in September 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Appears in 1 contract

Samples: Amendment Number 2

AutoNDA by SimpleDocs

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (per Per Amendment No. 1), the contract is hereby increased by 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X - Series ID PCU23821X23821X”) for the 12-month period ending in September 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Appears in 1 contract

Samples: Agreement No. 18 227 Itb 2

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (per Per Amendment No. 1), the contract is hereby increased by 1.314 1.041 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X - Series ID PCU23821X23821X) for the 12-month period ending in September 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Appears in 1 contract

Samples: Itb Amendment

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (per Amendment No. 1as amended below), the contract is hereby increased by 1.314 1.051 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X - Series ID PCU23821X23821X”) for the 12-month period ending in September 2022 2021 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Appears in 1 contract

Samples: Agreement No. 18 227 Itb 1

AutoNDA by SimpleDocs

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (per Amendment No. 1)Adjustment, the contract is hereby increased by 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- NAICS-based PPI Code: 23821X - Series ID PCU23821X23821X”) for the 12-month period ending in September 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Appears in 1 contract

Samples: Agreement No. 18 227 Itb 1

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!