Cost Increase by Fixed Amount. After the Contract's initial term and if Department agrees to a renewal, the parties may agree upon a cost increase of 1%, not to exceed 5%. Contractor shall request the increase and shall provide justification for the increase. Department is not obligated to agree upon a renewal or a cost increase.
Appears in 3 contracts
Samples: Offender Transport Services Agreement, Contract for Offender Transport Services, Contract for Offender Transport Services for Adult Offenders
Cost Increase by Fixed Amount. After the Contractcontract's initial term and if Department the State agrees to a renewal, the parties may agree upon a cost increase of 1(insert %)%, not to exceed 5(insert %)%. Contractor shall request the increase and shall provide justification for the increase. Department The State is not obligated to agree upon a renewal or a cost increase.
Appears in 1 contract
Samples: Contract
