Contract Year Pricing Sample Clauses

Contract Year Pricing. 1. Initial Contract Year Pricing- Firm Fixed Unit Price The Contractor will be paid for the services performed pursuant to the terms of the Contract and in accordance with the prices quoted and listed on the Contractor’s Solicitation Response, EXHIBIT B and final pricing documents as incorporated herein. Unless clearly stated otherwise herein, all unit prices are firm and fixed and are not subject to variation. Prices are to include, but are not limited to freight, insurance, fuel surcharges and customs duties. 2. Renewal/Option Contract Year Pricing – Firm Fixed Price with Economic Price Adjustment The de-escalation/escalation clause may permit but not obligate the Department to consider an economic price decrease/increase adjustment. Unit prices may be adjusted for each renewal period in accordance with changes in the index. The price(s) listed in the Contract shall be firm for the first year. A decrease or increase in price will be determined based upon The U. S. Government’s Bureau of Labor Statistics, Producer Price Index (PPI) using Index Series Id: PCU51821-51821 (not seasonally adjusted). The 12-month percentage change shall be calculated based upon the month of the date of the request. The burden of proof will be upon the contractor to substantiate the need for a price escalation. The Department reserves the right to approve or deny any requests for price escalation. Requests for price escalation should be submitted in writing, at least one hundred and twenty (120) days prior to the expiration of the contract. Consideration for Index used in the adjustment calculation will be based on final data only.
Sample 1
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Contract Year Pricing. 1. Initial Contract Year Pricing- Firm Fixed Unit Price The Contractor will be paid for the goods sold pursuant to the Contract in accordance with the prices quoted and listed on the Contractor’s Solicitation Response, Attachment C, and final pricing documents as incorporated into the Open Agency Contract and the terms of the Contract. Unless clearly stated otherwise in the Contract, all prices are firm and fixed and are not subject to variation. Prices shall be fixed-price based on the Contractor’s current, dated, published catalog or price list. Prices are to include, but are not limited to freight, insurance, fuel surcharges and customs duties.
Sample 1
Contract Year Pricing. 1. The Department will pay the Contractor pursuant to the terms of the Contract and in accordance with the prices quoted on the EXHIBIT C: Contractor’s Cost Worksheet. Unless clearly stated otherwise herein, all prices set forth in EXHIBIT C: Contractor’s Cost Worksheet are firm and fixed and are not subject to variation. Any print or digital catalog pricing included in this Contract shall be based on the Contractor’s current, dated, nationally published catalog or price sheet list. Prices are to include insurance, fuel surcharges and customs duties unless otherwise described on the Cost Worksheet. Prices are not to include freight, shipping or delivery unless otherwise notated on the EXHIBIT C: Contractor’s Cost Worksheet.
Sample 1
Contract Year Pricing. 1. Initial Contract Year Pricing- Firm Fixed Unit Price The Contractor will be paid for the services performed pursuant to the terms of the Contract and in accordance with the prices quoted and listed on the Contractor’s Solicitation Response, EXHIBIT B and final pricing documents as incorporated herein. Unless clearly stated otherwise herein, all unit prices are firm and fixed and are not subject to variation. Prices are to include, but are not limited to freight, insurance, fuel surcharges and customs duties. 2. Renewal/Option Contract Year Pricing – Firm Fixed Price with Economic Price Adjustment The de-escalation/escalation clause may permit but not obligate the Department to consider an economic price decrease/increase adjustment. Unit prices may be adjusted for each renewal period in accordance with changes in the index. The price(s) listed in the Contract shall be firm for the first year. A decrease or increase in price will be determined based upon The U. S. Government’s Bureau of Labor Statistics, Producer Price Index (PPI)/ Consumer Price Index (CPI)/ Employment Cost Index (ECI), using Index Series Id: _ _ (not seasonally adjusted) 12-month percentage for 1173X. The 12- month percentage change shall be calculated based upon the month of the date of the request. The burden of proof will be upon the contractor to substantiate the need for a price escalation. The Department reserves the right to approve or deny any requests for price escalation. Requests for price escalation should be submitted in writing, at least one hundred and twenty (120) days prior to the expiration of the contract. Consideration for Index used in the adjustment calculation will be based on final data only.
Sample 1
Contract Year Pricing. 1. The Department will pay the Contractor pursuant to the terms of the Contract and in accordance with the Contractor’s bid prices on the EXHIBIT C: Cost Worksheet. Unless clearly stated otherwise herein, all prices set forth in EXHIBIT C: Cost Worksheet are firm and fixed and are not subject to variation. 2. For normal operations, the total of all payments made by the Department to the Contractor shall not exceed the dollar amounts identified for each contract year in EXHIBIT C: Cost Worksheet below. The Department will issue a Purchase Order for the maximum bid amount for the initial year and will modify this Purchase Order by adding lines for each renewal year. Each renewal year will be issued for the maximum bid amounts. The issuance of the initial Purchase Order and the issuance of each line for renewal years one through four (if exercised in the sole discretion of the Department) will serve as the Contractor’s Notice to Proceed for each year. 3. For emergency operations, if necessary, the Department will utilize the existing Purchase Order and add a line for each emergency operations event. Each additional line on the Purchase Order for emergency operations will provide the maximum amount eligible for payment. The Department will generally issue the additional line on the Purchase Order and its issuance shall serve as the Notice to Proceed for each emergency event.
Sample 1
Contract Year Pricing. 1. The Department will pay the Supplier pursuant to the terms of the Contract and in accordance with the Supplier’s bid prices on the EXHIBIT C: Supplier’s Cost Worksheet. Unless clearly stated otherwise herein, all prices set forth in EXHIBIT C: Supplier’s Cost Worksheet are firm and fixed and are not subject to variation. Any print or digital catalog pricing included in this Contract shall be based on the Supplier’s current, dated, nationally published catalog or price sheet list. Prices are to include, freight, insurance, fuel surcharges and customs duties unless otherwise described on the Cost Worksheet.
Sample 1
Contract Year Pricing. 1. The Department will pay the Supplier in pursuant to the terms of the Contract and in accordance with the prices quoted on the Exhibit “C” Supplier’s Cost Worksheet / Supplier’s Cost Proposal Unless clearly stated otherwise herein, all prices set forth in Exhibit “C” are firm and fixed and are not subject to variation. Any print or digital catalog pricing included in this Contract shall be based on the Supplier’s current, dated, nationally published catalog or price sheet list. Prices are to include, but are not limited to freight, insurance, fuel surcharges and customs duties unless otherwise described on the Cost Worksheet. 2. The total of all payments made by the Department to the Supplier for the initial term of the Contract and all subsequent renewal option terms cannot exceed the dollar amount identified below. The total of all payments made by the Department to the Supplier should all renewal option terms be exercised shall not exceed $[ENTER “TOTAL OVER LIFE OF THE CONTRACT” AMOUNT HERE]. (i) Rail Stripe Tape – ‘Pressure-sensitive products’ WPU0916 (ii) Drums – ‘ Consumer/institutional/commercial fabricated plastics products’ WPU072b01015 (iii) Vertical Panels and Flexible Delineator Posts – ‘ Unlaminated plastics profile shape manufacturing’ PCU326121326121 (iv) Barricades – ‘ Unsupported plastic film, sheet and other shapes’ WPU072205 (v) Traffic Cones – ‘ All other miscellaneous rubber goods’ WPU07130606 (vi) Portable Sign Systems – ‘ Non-electric signs and displays’ WPU159a0402
Sample 1
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Contract Year Pricing. 1. The Department will pay the Contractor pursuant to the terms of the Contract and in accordance with the prices quoted on the EXHIBIT C: Contractor’s Cost Worksheet. Unless clearly stated otherwise herein, all prices set forth in EXHIBIT C: Contractor’s Cost Worksheet are firm and fixed and are not subject to variation. Any print or digital catalog pricing included in this Contract shall be based on the Contractor’s current, dated, nationally published catalog or price sheet list. Prices are to include, freight, insurance, fuel surcharges and customs duties unless otherwise described on the Cost Worksheet. 2. The total of all payments made by the Department to the Contractor for the initial term of the Contract and all subsequent renewal option terms cannot exceed the dollar amount identified below. The total of all payments made by the Department to the Contractor should all renewal option terms be exercised shall not exceed $[ENTER “TOTAL OVER LIFE OF THE CONTRACT” AMOUNT HERE].
Sample 1

Related to Contract Year Pricing

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • TIPS Pricing Vendor agrees and understands that for each TIPS Contract that it holds, Vendor submitted, agreed to, and received TIPS’ approval for specific pricing, discounts, and other pricing terms and incentives which make up Vendor’s TIPS Pricing for that TIPS Contract (“TIPS Pricing”). Vendor confirms that Vendor will not add the TIPS Administration Fee as a charge or line-item in a TIPS Sale. Vendor hereby certifies that Vendor shall only offer goods and services through this TIPS Contract if those goods and services are included in or added to Vendor’s TIPS Pricing and approved by TIPS. TIPS reserves the right to review Vendor’s pricing update requests as specifically as line-item by line-item to determine compliance. However, Vendor contractually agrees that all submitted pricing updates shall be within the original terms of the Vendor’s TIPS Pricing (scope, proposed discounts, price increase limitations, and other pricing terms and incentives originally proposed by Vendor) such that TIPS may accept Vendors price increase requests as submitted without additional vetting at TIPS discretion. Any pricing quoted by Vendor to a TIPS Member or on a TIPS Quote shall never exceed Vendor’s TIPS Pricing for any good or service offered through TIPS. TIPS Pricing price increases and modifications, if permitted, will be honored according to the terms of the solicitation and Vendor’s proposal, incorporated herein by reference.

  • Purchase Order Pricing/Product Deviation If a deviation of pricing/product on a Purchase Order or contract modification occurs between the Vendor and the TIPS Member, TIPS must be notified within five (5) business days of receipt of change order. TIPS reserves the right to terminate this agreement for cause or no cause for convenience with a thirty (30) days prior written notice. Termination for convenience is conditionally required under Federal Regulations 2 CFR part 200 if the customer is using federal funds for the procurement. All purchase orders presented to the Vendor, but not fulfilled by the Vendor, by a TIPS Member prior to the actual termination of this agreement shall be honored at the option of the TIPS Member. The awarded Vendor may terminate the agreement with ninety (90) days prior written notice to TIPS 0000 XX Xxx Xxxxx, Xxxxxxxxx, Xxxxx 00000. The vendor will be paid for goods and services delivered prior to the termination provided that the goods and services were delivered in accordance with the terms and conditions of the terminated agreement. This termination clause does not affect the sales agreements executed by the Vendor and the TIPS Member customer pursuant to this agreement. TIPS Members may negotiate a termination for convenience clause that meets the needs of the transaction based on applicable factors, such as funding sources or other needs. Usually, purchase orders or their equal are issued by participating TIPS Member to the awarded vendor and should indicate on the order that the purchase is per the applicable TIPS Agreement Number. Orders are typically emailed to TIPS at xxxxxx@xxxx-xxx.xxx. • Awarded Vendor delivers goods/services directly to the participating member. • Awarded Vendor invoices the participating TIPS Member directly. • Awarded Vendor receives payment directly from the participating member. • Fees are due to TIPS upon payment by the Member to the Vendor. Vendor agrees to pay the participation fee to TIPS for all Agreement sales upon receipt of payment including partial payment, from the Member Entity or as otherwise agreed by TIPS in writing and signed by an authorized signatory of TIPS.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • JOC - PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • Contract Task Order A- E shall be assigned work via a task order by COUNTY which shall subsequently be referred to as the “Contract Task Order” (hereinafter “CTO”). A CTO for each project shall be developed by A-E in conjunction with COUNTY Project Management staff. The County Project Manager shall manage all A-E’s work including monitoring the CTO work schedule, quality of deliverables, review of invoiced amounts, adherence to set budget, and internal review of submittal packages. A-E shall follow all requirements as outlined in the CTO; this general Scope of Work, the project specific Scope Statement, and the Architect-Engineer Guide (Rev July 2018). The CTO shall include a detailed Scope Statement, describing tasks to be performed with a specific list of deliverables for each task, schedule of work and cost to complete the work. The schedule of work shall allow enough time for meetings with County Management staff to review the work progress, provide technical and policy direction, resolve problems and ensure adherence to the work completion schedule. The CTO shall include a cover sheet provided by County Project Management staff with the appropriate signature blocks and contract information. Once both Parties agree, and all Parties have signed the CTO, County Management staff shall provide A-E with a Notice to Proceed (NTP) to begin work. A-E shall submit all plans, reports and other documents produced under the CTO to the assigned County Project Manager within the timeframe indicated in the CTO or as directed by County Project Management staff.

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