Common use of No Price Adjustment Clause in Contracts

No Price Adjustment. When the ratio SI/ SB falls within the range of 0.95 to 1.05, no price adjustment will be made for applicable steel material having an invoice date that falls within the month for which the SI index price was posted.

Appears in 8 contracts

Samples: Highway Construction Contract, Highway Construction Contract, Highway Construction Contract

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No Price Adjustment. When the ratio SI/ SI/SB falls within the range of 0.95 to 1.05, no price adjustment will be made for applicable steel material having an invoice date that falls within the month for which the SI index price was posted.

Appears in 1 contract

Samples: Construction Contract

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