PRICE CHANGE CLAUSE. All prices quoted will remain firm for the first six (6) months of the contract. In the event of an industry wide price increase, the contractor may request a price change. This written request must be received by the Office of State Procurement not less than thirty (30) days prior to the requested price increase effective date. The contractor must provide documentation from the manufacturer certifying/justifying the increased cost. After receipt of required documentation and in the event a price change is authorized thereafter, said prices will remain firm for a period of not less than six (6) months. In the event of a general price decrease, the State shall be guaranteed full benefit of the price reduction for all undelivered purchase orders on the effective date of the decrease and thereafter. The State of Arkansas may monitor reductions by requesting the manufacturer to provide cost comparison data at any time after the first six months of the contract to reflect base cost (at time of award) to current cost (at time of request).
PRICE CHANGE CLAUSE. All prices bid shall be firm for the first 120 days, of this contract. Thereafter, a request for increase must be submitted in writing to the Office of State Procurement with supporting documentation indicating brand of paper, percentage of increase or increase as a per hundred weight and effective date. This increase must be addressed to the merchant network and be reflective of an increase to all distributors, not to this contract alone. After receipt of required documentation and in the event a price change is authorized thereafter, requested increases will become effective within twenty (20) working days. The State further reserves the right to reject any proposed price increase, cancel the contract and re-bid if determined to be in the best interest of the State. After receipt of required documentation and in the event a price change is authorized thereafter, said prices will remain firm for a period of not less than 120 days. The Price Change Clause will remain in effect for any agreed upon periods of extension. In the event of a general price decrease, the State shall be guaranteed full benefit of the price reduction for all undelivered purchase orders on the effective date of the decrease and thereafter. The State of Arkansas may monitor reductions by requesting the manufacturer to provide cost comparison data at any time after the first six months of the contract to reflect base cost (at time of award) to current cost (at time of request).
PRICE CHANGE CLAUSE. All prices bid, except paper prices, will remain firm for the first term of the contract. In the event of an industry wide price increase, the contractor may request a price adjustment at the time of the contract extension request, provided the contractor submits documentation certifying/justifying the increased cost. Paper prices bid shall be firm for the first 120 days (4 months) of this contract. Thereafter, price increases, in the form of mill letters will be honored, however, these letters must be addressed to the merchant network and be reflective of an across the board increase to all distributors. Changes which are granted based upon a mill announced increase, must be authenticated by subsequent mill invoices. In those instances where announced mill increases are not evident on invoices, the State will take the necessary action to readjust unit prices and collect any overpayments. Mill letters must specify the brand of paper for which an increase is being announced and must collate and categorize price of paper involved by weights (10, 12, 15, 18, and 20 lb., etc.) and types of paper (carbonless, registered bond, etc). Price change per pound is multiplied by the number of pounds of that material necessary to manufacture 1,000 forms. This answer without markup is the price change per 1,000 forms. Add or subtract on the original price/M sheets on the contract. The awarded vendor must keep a total of all paper sold to the State of Arkansas by weights (10, 12, 15, 18, and 20 lbs., etc.) and types of paper (carbonless, registered bond, etc.). After receipt of required documentation and in the event a price change is authorized thereafter, said paper prices will remain firm for a period of not less than 120 days. All other prices will remain firm any period agreed upon for extension. In the event of a general price decrease, the State shall be guaranteed full benefit of the price reduction for all undelivered purchase orders on the effective date of the decrease and thereafter. ITEM SPECIFICATIONS
PRICE CHANGE CLAUSE. During the term of this contract there may be fluctuations in pricing relative to the paper industry. Prices shall be adjusted by the percentage change in the Bureau of Labor Statistics' Producer Price Index (PPI) for Paper Xxxxx, SIC2621. The base prices shall be the unit price. The adjusted price(s) shall be computed by comparing the PPI for the month in which the contract is awarded, multiplied by the percentage change in the PPI. The percentage change in the PPI is calculated by dividing the index at the time of calculation by the index at the time the base price was established at the time of contract award. The PGC agrees that during the term of the contract, upon contractor's proof of pricing, changes to the total contract price may be increased or decreased proportionately. MANUSCRIPT: Contractor is to provide Digest text to the PGC in hard copy, by e-mail w/attachment, two electronic PDF file proofs prior to final production copy. PGC anticipates a need for sixty-four (64) pages of agency text, with harvest report card inserts. CORRECTION CHARGE: $ The PGC agrees to pay for the cost of corrections made after the final production copy has been approved. The cost for such corrections will be listed as a separate line item on the final invoice when submitted for payment. COLOR: Use of full color for front cover and 4-color for graphics and photos. Single use of spot color in agency text. Black ink will be used on majority of text pages and maps. TYPE SIZE: Regulatory material will be printed in no smaller than 8-point type, unless authorized by the PGC. ARTWORK: Front cover, all maps and other art to be supplied by the PGC. Copy and graphics to be submitted by the PGC may include, but are not limited to, text, maps, wildlife identification photographs and other illustrations, additional editorial copy and 4- color graphics and photos. Maps, graphics and photos will be produced or provided by the contractor unless the PGC agrees otherwise. The price agreed upon in the contract is to be inclusive of all costs for color separations, halftones, composition, line changes, brownline proofs, offset plates, presswork, press wash- up, cutting, binding, and agency alterations. SPECIAL CUT-OFF GUIDES: Several inside text pages to be marked top to bottom ¼” from the fold to identify as tear-off or cut-out for removal from digest. BINDING: Folded, collated, saddle-stitched (two staples) and flush-trimmed three sides. PACKING AND SHIPPING: Shipment must be receive...
PRICE CHANGE CLAUSE. Each contract anniversary, Contractor and subcontractors shall review the current Prevailing Wage Rates.
