Common use of Cost of Living Adjustments (COLAs Clause in Contracts

Cost of Living Adjustments (COLAs. ‌ 5.11.1 If requested by Contractor, the Contract hourly, daily, monthly or Unit Rate amount may at the sole discretion of County, be increased annually based on the most recent published percentage change in the United States Department of Labor, Bureau of Labor Statistics' Consumer Price Index (CPI) for the Los Angeles-Riverside-Orange County area for the 12-month period preceding the Contract anniversary date, which shall be the effective date for any Cost of Living Adjustment (COLA). However, any increase shall not exceed the general salary movement granted to County employees as determined by the Chief Executive Officer as of each July 1 for the prior 12-month period. Furthermore, should fiscal circumstances ultimately prevent the Board of Supervisors from approving any increase in County employee salaries, no COLA will be granted. Where County decides to grant a COLA pursuant to this Subparagraph for living wage contracts, County may, in its sole discretion exclude the cost of labor (including the cost of wages and benefits paid to employees providing Services under this Contract) from the base upon which a COLA is calculated, unless Contractor can show that his/her labor cost will actually increase. Further, before any COLA increase shall take effect and become part of this Contract, it shall require a written amendment to this Contract first, that has been formally approved and executed by the parties. At no time shall any increase in the Contract hourly, daily, monthly or Unit Rate amount, or COLA adjustment, ever result in the Contract Sum exceeding the Maximum Annual Contract Sum or Maximum Contract Sum.

Cost of Living Adjustments (COLAs. ‌ 5.11.1 5.6.1 If requested by ContractorSubrecipient, the Contract Subaward hourly, daily, monthly or Unit Rate amount may at the sole discretion of County, be increased annually based on the most recent published percentage change in the United States Department of Labor, Bureau of Labor Statistics' Consumer Price Index (CPI) for the Los Angeles-Riverside-Orange County area for the twelve (12-) month period preceding the Contract Subaward anniversary date, which shall be the effective date for any Cost of Living Adjustment (COLA). However, any increase shall not exceed the general salary movement granted to County of Los Angeles employees as determined by the Chief Executive Officer as of each July 1 for the prior twelve (12-) month period. Furthermore, should fiscal circumstances ultimately prevent the Board of Supervisors from approving any increase in County employee salaries, no COLA will be granted. Where County decides to grant a COLA pursuant to this Subparagraph for living wage contractssubawards, County may, in its sole discretion exclude the cost of labor (including the cost of wages and benefits paid to employees providing Services under this ContractSubaward) from the base upon which a COLA is calculated, unless Contractor Subrecipient can show that his/her its labor cost will actually increase. Further, before any COLA increase shall take effect and become part of this ContractSubaward, it shall require a written amendment to this Contract Subaward first, that has been formally approved and executed by the parties. At no time shall any increase in the Contract Subaward hourly, daily, monthly or Unit Rate amount, or COLA adjustment, ever result in the Contract Subaward Sum exceeding the Maximum Annual Contract Subaward Sum or Maximum Contract Subaward Sum.

Cost of Living Adjustments (COLAs. ‌ 5.11.1 ‌ If requested by the Contractor, the Contract (hourly, daily, monthly or Unit Rate monthly, etc.) amount may at the sole discretion of the County, be increased annually based on the most recent published percentage change in the United States U.S. Department of Labor, Bureau of Labor Statistics' ’ Consumer Price Index for Urban Consumers (CPI-U) for the Los Angeles-RiversideLong Beach-Orange County area Anaheim Area for the 12-month period preceding the Contract anniversary date, which shall will be the effective date for any Cost of Living Adjustment (COLA). However, any increase shall will not exceed the general salary movement granted to County employees as determined by the Chief Executive Officer as of each July 1 for the prior 12-month period. Furthermore, should fiscal circumstances ultimately prevent the Board of Supervisors from approving any increase in County employee salaries, no COLA will be granted. Where the County decides to grant a COLA (COLA) pursuant to this Subparagraph paragraph for living wage contracts, County it may, in its sole discretion exclude the cost of labor (including the cost of wages and benefits paid to employees providing Services services under this Contractcontract) from the base upon which a COLA is calculated, unless the Contractor can show that his/her their labor cost will actually increase. Further, before any COLA increase shall may take effect and become part of this Contractcontract, it shall will require a written amendment to this Contract contract first, that has been formally approved and executed by the parties. At no time shall any increase in the Contract hourly, daily, monthly or Unit Rate amount, or COLA adjustment, ever result in the Contract Sum exceeding the Maximum Annual Contract Sum or Maximum Contract Sum.