PRICE REDUCTION FOR INCORRECT PRICING DATA. If any price, including profit or fee, negotiated in connection with this Agreement, or any cost reimbursable under this Agreement was increased by any significant sum because GRANTEE furnished cost or pricing data (e.g., salary schedules, reports of prior period costs) which was not accurate, complete and current, the price or cost shall be reduced accordingly. The Agreement may be modified in writing as necessary to reflect such reduction, and amounts overpaid shall be subjected to overpayment assessments. Any action DWS may take in reference to such price reduction shall be independent of, and not be prejudicial to, DWS’s right to terminate this Agreement.
Appears in 3 contracts
Samples: Child Care Operations Grant Payment Agreement, Grant Agreement, Grant Agreement
PRICE REDUCTION FOR INCORRECT PRICING DATA. If any price, including profit or fee, negotiated in connection with this AgreementContract, or any cost reimbursable under this Agreement Contract was increased by any significant sum because GRANTEE CONTRACTOR furnished cost or pricing data (e.g., salary schedules, reports of prior period costs) which was not accurate, complete and current, the price or cost shall be reduced accordingly. The Agreement Contract may be modified in writing as necessary to reflect such reduction, and amounts overpaid shall be subjected to overpayment assessments. Any action DWS may take in reference to such price reduction shall be independent of, and not be prejudicial to, DWS’s ’S right to terminate this AgreementContract.
Appears in 2 contracts
Samples: Interagency Agreement, State of Utah Standard Terms and Conditions for Services
PRICE REDUCTION FOR INCORRECT PRICING DATA. If any price, including profit or fee, negotiated in connection with this AgreementContract, or any cost reimbursable under this Agreement Contract was increased by any significant sum because GRANTEE CONTRACTOR furnished cost or pricing data (e.g., salary schedules, reports of prior period costs) which was not accurate, complete and current, the price or cost shall be reduced accordingly. The Agreement Contract may be modified in writing as necessary to reflect such reduction, and amounts overpaid shall be subjected to overpayment assessments. Any action DWS may take in reference to such price reduction shall be independent of, and not be prejudicial to, DWS’s right to terminate this AgreementContract.
Appears in 1 contract
Samples: Grant Agreement
