Common use of INDEPENDENT PRICE DETERMINATION Clause in Contracts

INDEPENDENT PRICE DETERMINATION. By submission of this proposal, the Vendor certifies, and in the case of a joint proposal, each party thereto certifies as to its own organization, that in connection with this proposal: • The prices in the proposal have been arrived at independently, without collusion, and that no prior information concerning these prices has been received from or given to a competitive company; and • If there is sufficient evidence of collusion to warrant consideration of this proposal by the Office of the Attorney General, all Vendors shall understand that this paragraph may be used as a basis for litigation.

Appears in 3 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement, Actuarial Consultant Services Agreement

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INDEPENDENT PRICE DETERMINATION. By submission of this proposal, the Vendor certifies, and in the case of a joint proposal, each party thereto certifies as to its own organization, that in connection with this proposal: The prices in the proposal have been arrived at independently, without collusion, and that no prior information concerning these prices has been received from or given to a competitive company; and If there is sufficient evidence of collusion to warrant consideration of this proposal by the Office of the Attorney General, all Vendors shall understand that this paragraph may be used as a basis for litigation.

Appears in 1 contract

Samples: Consultant Services Agreement

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