Common use of COST OR PRICING BY SUBCONTRACTORS Clause in Contracts

COST OR PRICING BY SUBCONTRACTORS. 16.2.1 The Contractor shall submit, or shall require any Subcontractors hereunder to submit, cost or pricing data for any subcontract to this Contract prior to award. The Contractor shall also certify that the information submitted by the Subcontractor is, to the best of their knowledge and belief, accurate, complete and current as of the date of agreement, or the date of the negotiated price of the subcontract to the Contract or amendment to the Contract. The Contractor shall insert the substance of this Section in each subcontract hereunder. 16.2.2 If DCH determines that any price, including profit or fee negotiated in connection with this Contract, or any cost reimbursable under this Contract was increased by any significant sum because of the inaccurate cost or pricing data, then such price and cost shall be reduced accordingly and this Contract and the subcontract shall be modified in writing to reflect such reduction.

Appears in 11 contracts

Samples: Contract for Provision of Services, Contract for Provision of Services (Wellcare Health Plans, Inc.), Contract for Provision of Services (Wellcare Health Plans, Inc.)

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COST OR PRICING BY SUBCONTRACTORS. 16.2.1 29.2.1 The Contractor shall submit, or and shall require any Subcontractors hereunder to submit, cost or pricing data for any subcontract to this Contract prior to award. The Contractor shall also certify that the information submitted by the Subcontractor is, to the best of their the Contractor’s knowledge and belief, accurate, complete and current as of the date of agreement, or the date of the negotiated price of the subcontract to the Contract or amendment to the Contract. The Contractor shall insert the substance of this Section in each subcontract hereunder. 16.2.2 29.2.2 If DCH ASES determines that any price, including profit or fee negotiated in connection with this Contract, or any cost reimbursable under this Contract was increased by any significant sum because of the inaccurate cost or pricing data, then such price and cost shall be reduced accordingly and this Contract and the subcontract shall be modified in writing to reflect such reduction.

Appears in 2 contracts

Samples: Contract for Health Services Administration (Triple-S Management Corp), Contract for Administration of Health Services (Triple-S Management Corp)

COST OR PRICING BY SUBCONTRACTORS. 16.2.1 The i. Contractor shall submit, or shall require any Subcontractors subcontractors hereunder to submit, cost or pricing data for any subcontract to this Contract prior to awardContract Award. The Contractor shall also shall, also, certify that the information submitted by the Subcontractor is, subcontractor is to the best of their its knowledge and belief, accurate, complete and current as of the date of agreement, or the date of the negotiated price of the subcontract to the Contract or amendment Amendment to the Contract. The Contractor shall insert the substance of this Section section in each subcontract hereunder. 16.2.2 ii. If DCH determines that any price, including profit or fee fee, negotiated in connection with this Contract, or any cost reimbursable under this Contract was increased by any significant sum because of the inaccurate cost or pricing data, then such price and cost shall be reduced accordingly and this Contract and the subcontract shall be modified in writing to reflect such reduction.

Appears in 1 contract

Samples: Contract for Advertising and Public Relations Services

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COST OR PRICING BY SUBCONTRACTORS. 16.2.1 30.2.1 The Contractor shall submit, or and shall require any Subcontractors hereunder to submit, cost or pricing data for any subcontract to this Contract prior to award. The Contractor shall also certify that the information submitted by the Subcontractor is, to the best of their the Contractor’s knowledge and belief, accurate, complete and current as of the date of agreement, or the date of the negotiated price of the subcontract to the Contract or amendment to the Contract. The Contractor shall insert the substance of this Section in each subcontract hereunder. 16.2.2 30.2.2 If DCH ASES determines that any price, including profit or fee negotiated in connection with this Contract, or any cost reimbursable under this Contract was increased by any significant sum because of the inaccurate cost or pricing data, then such price and cost shall be reduced accordingly and this Contract and the subcontract shall be modified in writing to reflect such reduction.

Appears in 1 contract

Samples: Contract for Health Services Administration (Triple-S Management Corp)

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