Common use of Price Renegotiation Clause in Contracts

Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.

Appears in 2 contracts

Samples: First Amendment to the Agreement for Parking Citation Management and Permit Management Systems, Energy Trading and Risk Management Software Agreement

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Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.

Appears in 2 contracts

Samples: Agreement Between the City of San José and Econolite Systems, Inc. For an Automated Traffic Signal Performance Measures System, Change Order

Price Renegotiation. Contractor may request adjustments to the compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index three percent (PPI3%) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.

Appears in 1 contract

Samples: Agreement for a Web Content Management System

Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) 60 days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Consumer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.

Appears in 1 contract

Samples: Change Order

Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wpxxxxx://xxxx.xxx.xxx/cgi- bin/surveymost?wp) and does not exceed 35% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 35% or unless otherwise negotiated.

Appears in 1 contract

Samples: Agreement for Data and Transparency Portal Software

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Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option termterm renewal. Contractor shall provide information justifying reasons for any requested increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% fees or unless otherwise negotiated.

Appears in 1 contract

Samples: Agreement for Environmental Enforcement Data Management System

Price Renegotiation. Contractor may request adjustments to the compensation rates sixty (60) 60 days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Consumer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% if applicable, over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.

Appears in 1 contract

Samples: Agreement for Implementation of a Customer Relationship Management (Crm) Software Solution

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