Common use of FRAMEWORK PRICES Clause in Contracts

FRAMEWORK PRICES. 1.1 The Framework Prices set out in this Framework Schedule 2 (Price Schedule) are the maximum rates that the Contractor may charge pursuant to any Call-Off Contract. 1.2 Framework Prices shall be Maximum Prices, are in (£) pounds sterling and exclusive of VAT. 1.3 Unless otherwise stated, the Maximum Prices in Schedule 2 shall be the total Maximum Price for the stated Goods and Services including the cost of paper, sealing, trimming, collating, suitable packaging that may include shrink wrapped, banded, boxed and labelled and palletised (where quantity requires). All prices exclude delivery. Rates for delivery are shown separatley in the Price Schedule. 1.4 The prices in the Pricing Schedule shall be Maximum Prices Increases in price shall be applicable on each anniversary of the Framework Agreement and may only be varied by agreement between the Authority and the Contractor and, in relation to any such variation, the variation in Price shall not exceed the percentage increase or decrease in the annual change in the Consumer Price Index (CPI) as published by the Office of National Statistics as at the month of October immediately preceding the price review date of the Framework and as published by the Office for National Statistics, in comparison to the CPI. However, nothing in this Framework Agreement prevents the Contractor from improving on the prices in the Pricing Schedule for the purposes of a Call-off Contract. 1.5 The Contractor shall provide full justification for any such price increase or decrease. 1.6 The Authority or Framework Public Body reserves the right to benchmark pricing.

FRAMEWORK PRICES. 1.1 The Framework Prices set out in this Framework Schedule 2 (Price Schedule) are the maximum rates that the Contractor may charge pursuant to any Call-Off Contract. 1.2 Framework Prices shall be Maximum Prices, are in (£) pounds sterling and exclusive of VAT. 1.3 Unless otherwise stated, the Maximum Prices in Schedule 2 shall be the total Maximum Price for the stated Goods and Services including the cost of paper, sealing, trimming, collating, suitable packaging that may include shrink wrapped, banded, boxed and labelled and palletised (where quantity requires). All prices exclude delivery. Rates for delivery are shown separatley seaparatley in the Price Schedule. 1.4 The prices in the Pricing Schedule shall be Maximum Prices Increases in price shall be applicable on each anniversary of the Framework Agreement and may only be varied by agreement between the Authority and the Contractor and, in relation to any such variation, the variation in Price shall not exceed the percentage increase or decrease in the annual change in the Consumer Price Index (CPI) as published by the Office of National Statistics as at the month of October immediately preceding the price review date of the Framework and as published by the Office for National Statistics, in comparison to the CPI. However, nothing in this Framework Agreement prevents the Contractor from improving on the prices in the Pricing Schedule for the purposes of a Call-off Contract. 1.5 The Contractor shall provide full justification for any such price increase or decrease. 1.6 The Authority or Framework Public Body reserves the right to benchmark pricing.

FRAMEWORK PRICES. 1.1 The Framework Prices set out in this Framework Schedule 2 (Price Schedule) are the maximum rates that the Contractor may charge pursuant to any Call-Off Contract. 1.2 Framework Prices shall be Maximum Prices, are in (£) pounds sterling and exclusive of VAT. 1.3 Unless otherwise stated, the Maximum Prices in Schedule 2 shall be the total Maximum Price for the stated Goods and Services including the cost of paper, sealing, trimming, collating, suitable packaging that may include shrink wrapped, banded, boxed and labelled and palletised (where quantity requires). All prices exclude delivery. Rates for delivery are shown separatley separately in the Price Schedule. 1.4 The prices in the Pricing Schedule shall be Maximum Prices Increases in price shall be applicable on each anniversary of the Framework Agreement and may only be varied by agreement between the Authority and the Contractor and, in relation to any such variation, the variation in Price shall not exceed the percentage increase or decrease in the annual change in the Consumer Price Index (CPI) as published by the Office of National Statistics as at the month of October immediately preceding the price review date of the Framework and as published by the Office for National Statistics, in comparison to the CPI. However, nothing in this Framework Agreement prevents the Contractor from improving on the prices in the Pricing Schedule for the purposes of a Call-off Contract. 1.5 The Contractor shall provide full justification for any such price increase or decrease. 1.6 The Authority or Framework Public Body reserves the right to benchmark pricing.