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: cor.mt.gov, www.cor.mt.gov, cor.mt.gov
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.. OR
Appears in 1 contract
Samples: www.bidnet.com
