Common use of Price Reductions Clause in Contracts

Price Reductions. Price reductions may be submitted in writing to the state for consideration at any time during the contract period. The contractor shall offer the state a price reduction on the contract product(s) concurrent with a published price reduction made to other customers. The state at its own discretion may accept a price reduction. Price reductions shall include the following: • A formal announcement from the manufacturer that the cost of the contract product has been reduced. • Documentation, i.e., published cost lists, from the manufacturer showing, to the satisfaction of the State, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.

Price Reductions. Price reductions may be submitted in writing to the state for consideration at any time during the contract period. The State may always accept lower pricing. Additionally, the contractor shall offer the state a price reduction on the contract product(s) concurrent with a published price reduction made to other customers. The state at its own discretion may accept a price reduction. Price reductions shall include the following: • A formal announcement from the manufacturer that the cost of the contract product has been reduced. • Documentation, i.e., published cost lists, from the manufacturer showing, to the satisfaction of the Statestate, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.

Price Reductions. Price reductions may be submitted in writing to the state State for consideration at any time during the contract period. The contractor Contractor shall offer the state State a price reduction on the contract product(s) services concurrent with a published price reduction made to other customers. The state at its own discretion may accept Contractor shall make a written request for a price reductionreduction which the State may accept, at the State’s sole option. Price reductions The price reduction request shall include the following: • A formal announcement from the manufacturer that the cost of the contract product service has been reduced. • Documentation, i.e., published cost lists, from the manufacturer showing, to the satisfaction of the State, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.

Price Reductions. Price reductions may be submitted in writing to the state State for consideration at any time during the contract period. The contractor Contractor shall offer the state State a price reduction on the contract product(s) concurrent with a published price reduction made to other customers. The state at its own discretion may accept Contractor shall make a written request for a price reductionreduction which the State may accept, at the State’s sole option. Price reductions The price reduction request shall include the following: • A formal announcement from the manufacturer that the cost of the contract product has been reduced. • Documentation, i.e., i.e. published cost lists, from the manufacturer showing, to the satisfaction of the State, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.

Price Reductions. Price reductions may be submitted in writing to the state for consideration at any time during the contract period. The contractor Contractor shall offer the state State a price reduction on the contract product(s) concurrent with a published price reduction made to other customersany decrease in MSRP. The state State at its own discretion may accept a price reduction. Price reductions shall include the following: • A formal announcement from the manufacturer that the cost of the contract product has been reduced. • Documentation, i.e., published cost lists, from the manufacturer showing, to the satisfaction of the State, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.

Price Reductions. Price reductions may be submitted in writing to the state for consideration at any time during the contract period. The contractor shall offer the state a price reduction on the contract product(s) concurrent with a published price reduction made to other customers. The state at its own discretion may accept a price reduction. Price reductions shall include the following: • A formal announcement from the manufacturer that the cost of the contract product has been reduced. • Documentation, i.e., published cost lists, from the manufacturer showing, to the satisfaction of the Statestate, the actual cost reduction. • Documentation showing that the published cost reductions have been offered to other distributors.