Price Adjustment on Extension of the Initial Contract Period. 13.1 The Contract Price shall be firm for the Initial Contract Period. In the event that the Authority agrees to extend the Initial Contract Period pursuant to clause 31 the Authority shall, in the six (6) Month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than thirty (30) Working Days) to agree a variation in the Contract Price.
13.2 If the Parties are unable to agree a variation in the Contract Price in accordance with clause 13.1, the Contract shall terminate at the end of the Initial Contract Period.
13.3 If a variation in the Contract Price is agreed between the Authority and the Contractor, the revised Contract Price will take effect from the first day of any period of extension and shall apply during such period of extension.
13.4 Any increase in the Contract Price pursuant to clause 13.1 shall not exceed the percentage change in the Office of National Statistics’ Consumer Prices Index ("CPI") (or such other index specified in the Pricing and Payment Schedule) between the Commencement Date and the date six (6) Months before the end of the Initial Contract Period.
Price Adjustment on Extension of the Initial Contract Period. 13.1 The Contract Price shall be firm for the Initial Contract Period. In the event that the Authority agrees to extend the Initial Contract Period pursuant to clause 31 the Authority shall, in the six (6) Month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than thirty
Price Adjustment on Extension of the Initial Contract Period. 13.1. The Contract Price shall be firm for the Initial Contract Period. In the event that the Authority agrees to extend the Initial Contract Period or the Extended Period pursuant to clause 31 the Authority shall, in the six (6) Month period prior to the expiry of the Initial Contract Period and the Extended Period, enter into good faith negotiations with the Contractor (for a period of not more than thirty (30) Working Days) to agree a variation in the Contract Price.
13.2. If the Parties are unable to agree a variation in the Contract Price in accordance with clause 13.1, the Contract shall terminate at the end of the Initial Contract Period or the Extended Period (as the case may be).
13.3. If a variation in the Contract Price is agreed between the Authority and the Contractor, the revised Contract Price will take effect from the first day of any period of extension and shall apply during such period of extension.
13.4. Any increase in the Contract Price pursuant to clause 13.1 shall not exceed the percentage change in the Office of National Statistics’ Consumer Prices Index ("CPI") (or such other index specified in the Pricing and Payment Schedule) between the Commencement Date and the date six (6) Months before the end of the Initial Contract Period or the Extended Period (as the case may be).
Price Adjustment on Extension of the Initial Contract Period. 13.1. The Contract Price shall be firm for the Initial Contract Period, and the extension period. If the extension option is agreed between both parties, the contract price shall remain firm for the extension, but will allow an increase in line with The National Minimum Wage uplift in October of that year.
13.2. If the Parties are unable to agree a variation in the Contract Price in accordance with clause 13.1, the Contract shall terminate at the end of the Initial Contract Period.
13.3. If a variation in the Contract Price is agreed between the Authority and the Contractor, the revised Contract Price will take effect from the first day of any period of extension and shall apply during such period of extension.
13.4. Any increase in the Contract Price pursuant to clause 13.1 shall not exceed the percentage change in the Office of National Statistics’ Consumer Prices Index ("CPI") (or such other index specified in the Pricing and Payment Schedule) between the Commencement Date and the date six (6) Months before the end of the Initial Contract Period.
Price Adjustment on Extension of the Initial Contract Period. 22.1 The Contract Price shall apply for the Initial Contract Period. In the event that the Client agrees to extend the Initial Contract Period pursuant to clause 3.2 (Extension of Initial Contract Period) the Client shall, in the 2 week period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 5 Working Days) to agree a variation in the Contract Price
22.2 If the Parties are unable to agree a variation in the Contract Price in accordance with clause 22.1, the Contract shall terminate at the end of the Initial Contract Period.
22.3 If a variation in the Contract Price is agreed between the Client and the Contractor, the revised Contract Price will take effect from the first day of any period of extension and shall apply during such period of extension.
22.4 Any increase in the Contract Price pursuant to clause 22.1 shall not exceed the percentage change in the Office of National Statistics‟ Consumer Prices Index (CPI) (as per Appendix C) between the Commencement Date and 5 days before the end of the Initial Contract Period.
