Common use of Price Justification Clause in Contracts

Price Justification. FORMAT: Contractor is required to submit the Product and price information for the update in an unprotected Excel spreadsheet format on a CD or electronically via e-mail to the OGS Purchasing Officer. The list must be dated and the format should be consistent with the format of the price list(s) included in Appendix E (Submission 3, 4 and 5) of this Contract. The price list should separately include and identify (e.g., by use of separate worksheets or by using italics, bold and/or color fonts): Price increases; Price decreases; Products being added; and Products being deleted. Each updated price list must include the date the price list was prepared, and be accompanied by a revised NYS Net Price List. The State also reserves the right to require a revised NYS Net Price List at any time during the Contract period, and it will be requested if there have been numerous updates since the last complete update.

Price Justification. FORMAT: Contractor is required to submit the Product and price information for the update in an unprotected Excel spreadsheet format on a CD or electronically via e-mail to the OGS Purchasing Officer. The list must be dated and the format should be consistent with the format of the price list(s) included in Appendix E (Submission 3, 4 and 5) of this Contract. The price list should separately include and identify (e.g., by use of separate worksheets or by using italics, bold and/or color fonts): • Price increases; • Price decreases; • Products being added; and • Products being deleted. Each updated price list must include the date the price list was prepared, and be accompanied by a revised NYS Net Price List. The State also reserves the right to require a revised NYS Net Price List at any time during the Contract period, and it will be requested if there have been numerous updates since the last complete update.

Price Justification. FORMAT: Contractor is required to submit the Product and price information for the update in an unprotected Excel spreadsheet format on a CD or electronically via e-mail to the OGS Purchasing Officer. The list must be dated and the format should be consistent with the format of the price list(s) included in Appendix E (Submission #3, 4 and 5) of this Contract. The price list should separately include and identify (e.g., by use of separate worksheets or by using italics, bold and/or color fonts): Price increases; Price decreases; Products being added; and Products being deleted. Each updated price list must include the date the price list was prepared, and be accompanied by a revised NYS Net Price List. The State also reserves the right to require a revised NYS Net Price List at any time during the Contract period, and it will be requested if there have been numerous updates since the last complete update.