PRICE FLUCTUATION DURING CONTRACT. Unless otherwise agreed to in writing by the State, all prices quoted shall be firm through issuance of contract or purchase order and shall not be subject to increase during the period of the contract. In the event of a manufacturer's or contractor's price decrease during the contract period, the State shall receive the full benefit of such price reduction on any undelivered purchase order and on any subsequent order placed during the contract period. The Director must be notified, in writing, of any price reduction within five (5) days of the effective date. Failure to report price reductions may result in cancellation of contract for cause, pursuant to provision 5.7(b)1. In an exceptional situation the State may consider a price adjustment. Requests for price adjustments must include justification and documentation.
PRICE FLUCTUATION DURING CONTRACT. In the event contractor offers goods or services at a price lower than that paid by Montclair, contractor shall reduce the price charged to Montclair for any undelivered good or service and on any subsequent order placed by Montclair during the term of the contract.
PRICE FLUCTUATION DURING CONTRACT. Unless otherwise agreed to in writing by the State, all prices quoted shall be firm through issuance of the PPA or purchase order and shall not be subject to increase during the period of the PPA. In the event of a manufacturer's or contractor's price decrease during the contract period, the State shall receive the full benefit of such price reduction on any undelivered purchase order and on any subsequent order placed during the contract period. The Director must be notified, in writing, of any price reduction within five (5) days of the effective date. Failure to report price reductions may result in cancellation of the PPA for cause, pursuant to provision 5.7(b)1.
PRICE FLUCTUATION DURING CONTRACT. In the event of a contractor's price decrease during the contract period, the University shall receive the full benefit of such price reduction on any undelivered purchase order and on any subsequent order placed during the contract period.
PRICE FLUCTUATION DURING CONTRACT. Unless otherwise noted by the Agency, all prices quoted shall be firm through issuance of Contract or purchase order and shall not be subject to increase during the period of the Contract. In the event of a manufacturer's or Contractor's price decrease during the Contract period, the Agency shall receive the full benefit of such price reduction on any undelivered purchase order and on any subsequent order placed during the Contract period. The Agency must be notified in writing of any price reduction within five (5) business days of the effective date. Failure to report price reductions will result in cancellation of Contract for cause, pursuant to Section 6.2 - Project Suspension and Termination of the Contract Award.
