- Escalation Cap / Maximum Price Increase. All percentage discounts shall either remain firm (unchanged) or they may increase for the duration of the Contract.
- Escalation Cap / Maximum Price Increase. In a single year of the Contract, the maximum price increase for each individual item on contract shall not exceed the percent increase in the latest available National Consumer Price Index - All Urban Consumers (CPI-U), Not Seasonally Adjusted, U.S. City Average, All Items (Series ID: CUUR0000SA0, CUUS0000SA0); as published by the U.S. Department of Labor, Bureau of Xxxxx Xxxxxxxxxx, Xxxxxxxxxx, X.X. 00000. CPI-U data may be obtained at xxx.xxx.xxx. The following example illustrates the computation of percent change: CPI for current period 230.000 Less CPI for previous period 225.000 Equals index point change 5.000 Divided by previous period CPI 225.000 Equals 0.022 The “CPI for current period” shall be the index in effect at the time the Contract price list update request is received; “CPI for previous period” shall be the index in effect when the Contract price list was last updated. Increases are not cumulative. Price increases are limited to the prior year prices only.
- Escalation Cap / Maximum Price Increase. In a single year of the Contract, the maximum price increase for each individual item on contract shall not exceed the percent increase in the latest available Not Seasonally Adjusted Producer Price Index – Industry Data (PPI) for “Broadcast and wireless communications equipment mfg” (Series ID: PCU334220334220) as published by the US Department of Labor, Bureau of Labor Statistics, Washington, D.C. 20212. The following example illustrates the computation of percent change: PPI for current period 99.061 Less PPI for previous period 96.344 Equals index point change 2.717 Divided by previous period PPI 96.344 Equals 0.0282 The “PPI for current period” shall be the index in effect at the time of the Contract Price List Update request is received; “PPI for previous period” shall be the index in effect when the Contract Price List was last updated. Increases are not cumulative. Price increases are limited to the prior year prices only. PPI indices are available through the internet at the Bureau of Labor Statistics (BLS) website at xxx.xxx.xxx. If at any time a Series ID is discontinued or unavailable, the State reserves the right to utilize the next higher-level series available.
