Emergency Rate Redetermination. Forest Service shall redetermine rates if, upon Contrac- tor's application, Forest Service determines that, be- cause of changes in the timber market since the award date or the last rate redetermination under this provi- sion, the Producer Price Index identified in A20 has de- clined by 25 percent. Rates shall be redetermined un- der B3.3 and shall be considered established under B3.1 for timber Scaled subsequent to Contractor’s ap- plication. This Subsection shall not apply during Con- tract Term Extension.
Appears in 11 contracts
Samples: Integrated Resource Timber Contract, Integrated Resource Timber Contract, Integrated Resource Timber Contract
Emergency Rate Redetermination. Forest Service shall redetermine rates if, upon Contrac- tor's application, Forest Service determines that, be- cause of changes in the timber market since the award date or the last rate redetermination under this provi- sion, the Producer Price Index identified in A20 has de- clined by 25 percent. Rates shall be redetermined un- der B3.3 and shall be considered established under B3.1 for timber Scaled subsequent to Contractor’s ap- plication. This Subsection shall not apply during Con- tract Term Extension.Extension.
Appears in 10 contracts
Samples: Integrated Resource Timber Contract, Integrated Resource Timber Contract, Integrated Resource Timber Contract