Common use of Price Decreases and Ceiling Prices Clause in Contracts

Price Decreases and Ceiling Prices. a) Contractor may decrease its prices shown in Exhibit B at any time by providing written notice to the State. b) The prices listed in Exhibit B are Ceiling Prices. Contractor may offer lower pricing to Purchasing Entities, and Purchasing Entities may request lower pricing from Contractor, without the review or approval of the State. 1) OPTIONS: Option to renew only (for an additional 12 month term).

Appears in 13 contracts

Samples: Price Agreement, Price Agreement, Price Agreement

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Price Decreases and Ceiling Prices. a) Contractor may decrease its prices shown in Exhibit B C at any time by providing written notice to the State. b) The prices listed in Exhibit B C are Ceiling Prices. Contractor may offer lower pricing to Purchasing Entities, and Purchasing Entities may request lower pricing from Contractor, without the review or approval of the State. 1) OPTIONS: Option to renew only (for an additional 12 month term).

Appears in 1 contract

Samples: Price Agreement

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Price Decreases and Ceiling Prices. a) Contractor may decrease its prices shown in Exhibit B at any time by providing written notice to the State, as well as a new price list. The new pricing will go into effect upon the execution of an Amendment. b) The prices listed in Exhibit B are Ceiling Prices. , and Contractor may offer lower pricing prices to Purchasing Entities, and Purchasing Entities may request negotiate lower pricing from prices with Contractor, without the review or approval of the State. Contractor shall not allow a Subcontractor to charge an amount greater than the Ceiling Price for any Order. 1) OPTIONS: Option to renew only (for an additional 12 month term).

Appears in 1 contract

Samples: Price Agreement

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