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.

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.

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.

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 industry data for Software publishers - PCU5112105112105 (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wpxxxxx://xxxx.xxx.xxx/dataViewer/view/timeseries/PCU5112105112105) 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.