CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. Unless The Contract Amount/unit price(s) will remain firm until January 9, 2024 (“Price Adjustment Date”). To request a price adjustment, the Contractor or the County must submit a written request to the other party not less than 30 days before the Price Adjustment Date. Adjustments to the Contract Amount/unit price(s) will not exceed the percentage of change in the U.S. Department of Labor Consumer Price Index, All Items, Unadjusted, Urban Areas (“CPI-U”) for the 12 months of statistics available at the time of the Contract’s renewal. Any Contract Amount/unit price(s) that result from this provision will become effective the day after the Price Adjustment Date and will be binding for 12 months. The new Price Adjustment Date will be 12 months after the price adjustment. If the Contractor and the County have not agreed on a requested adjustment by 30 days before the Price Adjustment Date, the County may not renew the Contract, whether or not the County has previously elected to renew the Contract’s term.
CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. (ATTACHED) All other terms and conditions of the Main Agreement remain in effect. WITNESS these signatures: THE COUNTY BOARD OF ARLINGTON A & M CONCRETE CORPORATION COUNTY, VIRGINIA AUTHORIZED AUTHORIZED SIGNATURE: SIGNATURE: Xxxxxx Xxxxxx NAME: Assistant Purchasing Agent TITLE: 11/30/2021 DATE: Xxxxx Xxxxxx NAME: Vice President TITLE: 11/8/2021 DATE: Agreement No. 17-108-ITB Amendment No. 3 Heavy Civil Construction • Concrete Construction • Underground Utilities • Equal Opportunity Employer 10/13/2021 Arlington County 0000 00xx Xxxxxx Xxxxx Xxxxxxxxx, XX 00000 Attention: Xxxxx Xxxxxx Arlington County Reference: County Board of Arlington County Arlington County Annual Maintenance Contract Contract No.: 17-108-ITB A&M Job No.: 17-455 17-108 ITB Renewal – CCI Price Increase Request Dear Xxx Xxxxxx Please accept this correspondence as request for pricing increase on the above referenced project. We have attached the current ENR CCI report reflecting an 8% annual increase. Please review and advise. Should you have any questions or concerns please do not hesitate in contacting me. Sincerely, Xxxx Xxxxxx Project Manager Project File: 17-455 00000 Xxxxxx Xxxxx Xxxxx, Xxxxxxxx, XX, 00000 • Tel: (000) 000-0000 • Fax: (000) 000-0000 ENR’s 20-city average cost indexes, wages and material prices. Historical data for ENR’s 20 cities can be found at XXX.xxx/xxxxxxxxx Construction Cost Index +8.0% OCT. 2021 ANNUAL INFLATION RATE Building Cost Index +14.2%OCT. 2021 ANNUAL INFLATION RATE Materials Cost Index 0.0% OCT. 2021 MONTHLY INFLATION RATE 1913=100 INDEX VALUE MONTH YEAR 1913=100 INDEX VALUE MONTH YEAR 1913=100 INDEX VALUE MONTH YEAR CONSTRUCTION COST 12464.94 0.0% +8.0% BUILDING COST 7244.90 +0.4% +14.2% MATERIALS COST 4935.01 0.0% +35.2% COMMON LABOR 24355.78 0.0% +1.3% SKILLED LABOR 10978.76 +0.9% +2.6% CEMENT $/TON 150.10 –0.3% +1.5% WAGE $/HR. 46.80 0.0% +1.3% WAGE $/HR. 60.58 +0.9% +2.6% STEEL $/CWT 73.42 +2.7% +31.5% LUMBER $/MBF 1010.64 –4.1% +49.5% The Construction Cost Index’s annual escalation rose 8%, while the monthly component stayed flat. The Building Cost Index was up 14.2% on an annual basis, while the monthly component increased 0.4%. The MCI stayed flat since last month, while the annual escalation rate increased 35.2%. Construction starts in the Cincinnati metro area are expected to rise 0.5% in 2021, to $3.8 billion, according to Dodge Data & Analytics. Dodge pre- dicts a 8.8% increase in non-residential construc- tion, while residential work is ...
CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. Pursuant to Section 5. Any Contract Amount/Unit Price(s) that result from this provision will become effective the day after the Price Adjustment Date and will be binding for 12 months. The new Price Adjustment will be 12 months after the Price Adjustment. Delete the contract pricing in its entirety and replace with revised contract pricing. All other terms and conditions of the Main Agreement remain in effect. WITNESS these signatures: THE COUNTY BOARD OF ARLINGTON XXXXXX X XXXXXXXX dba XX XXXXXXXX COUNTY, VIRGINIA ENTERPRISES AUTHORIZED: AUTHORIZED: SIGNATURE: SIGNATURE: Xxxxxx Xxxxxxxx NAME: XX. XXXXXX X. LEWIS NAME: TITLE: PURCHASING AGENT TITLE: Owner DATE: 10/19/2022 10/18/2022 DATE: Agreement No. 20-118-ITB Amendment No.3 REVISED CONTRACT PRICING X.X. Xxxxxxxx Company 0000 Xxxxxxx Xxxxxxx Xx. Springdale, MD 20774 Arlington County, Virginia 0000 Xxxxxxxxx Xxxxxxxxx, Xxxxx 000 Arlington, Virginia 22201 P: 000-000-0000 | E: xxxxxxx@xxxxxxxxxxxxxxxxxx.xxx ATTN: Xxxx Xxxxxxxxxx, CFFB, VCA/O (000) 000-0000 xxxxxxxxxxx@xxxxxxxxxxx.xx October 11, 2022 Price Increase Request: Agreement No. 20-118-ITB (Removal, Transportation and Storage Services of Deceased Bodies) Xxxxxx X Xxxxxxxx dba XX Xxxxxxxx Enterprises is requesting a price increase of 8.3% effective January 1, 2023. The current and proposed pricing is as follows:
CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. The Contract Amount/unit price(s) will remain firm until the end of Initial Contract Term (“Price Adjustment Date”). To request a price adjustment, the Contractor or the County must submit a written request to the other party not less than 90 days before the Price Adjustment Date. Adjustments to the Contract Amount/unit price(s) will not exceed the percentage of change in 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 2021. Adjustments shall be made using the Simple Percentage Method as described in the
CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. Pursuant to Section 6. The contract amount/unit prices is hereby increased per the U.S. Department of Labor Consumer Price Index, All Items, Unadjusted, Urban Areas (CPI-U) for the Twelve (12) – month period ending in December of each year of the contract.
CONTRACT PRICING WITH OPTIONAL PRICE ADJUSTMENTS. Pursuant to Section 5. Any Contract Amount/Unit Price(s) that result from this provision will become effective the day after the Price Adjustment Date and will be binding for 12 months. The new Price Adjustment will be 12 months after the Price Adjustment. Delete the Contract Pricing in its entirety and replace it with Revised Contract Pricing. All other terms and conditions of the Main Agreement remain in effect. WITNESS these signatures: THE COUNTY BOARD OF ARLINGTON ROCK HARD EXCAVATING, INC. COUNTY, VIRGINIA AUTHORIZED: AUTHORIZED: SIGNATURE: SIGNATURE:
