Common use of Price Redeterminations Clause in Contracts

Price Redeterminations. Contractor may petition for a price redetermination with documented increases in the cost of wages, fuel, or materials. Petitions for price redeterminations should be made within 30 calendar days of the anniversary date of the Contract. Unless otherwise expressly set forth in the Contract, no other price redeterminations will be allowed.

Price Redeterminations. The Contractor may may, but is not obligated to, petition for a one or more price redetermination with redeterminations where such price redeterminations are necessitated by documented increases in the cost of wages, fuel, or materials. Petitions for price redeterminations should shall be made within 30 thirty (30) calendar days of the anniversary date of the Contract. Unless otherwise expressly set forth Contract and only after the Contract has been in the Contract, no other price redeterminations will be allowed.effect for at least one

Price Redeterminations. Contractor may petition for a one or more price redetermination with redeterminations where such price redeterminations are necessitated by documented increases in the cost of wages, fuel, or materials. Petitions for price redeterminations should be made within 30 calendar days of the anniversary date of the ContractContract and only after the Contract has been in effect for at least one (1) year. Unless otherwise expressly set forth in the Contract, no other price redeterminations will be allowed. All price redeterminations, once issued, will be prospective from the date of approval unless otherwise approved by a duly executed amendment to the Contract.