PRICE REVISION. If a price revision index is provided in Article I.5.2, this Article applies to it. Prices are fixed and not subject to revision during the first year of the FWC. At the beginning of the second and every following year of the FWC, each price may be revised upwards or downwards at the request of one of the parties. A party may request a price revision in writing no later than three months before the anniversary date of entry into force of the FWC. The other party must acknowledge the request within 14 days of receipt. At the anniversary date, the contracting authority must communicate the final index for the month in which the request was received, or failing that, the last provisional index available for that month. The contractor establishes the new price on this basis and communicates it as soon as possible to the contracting authority for verification. The contracting authority purchases on the basis of the prices in force at the date on which the specific contract enters into force. The price revision is calculated using the following formula: Ir Pr = Po x ( — ) Io where: Pr = revised price; Po = price in the tender; Io = index for the month in which the FWC enters into force; Ir = index for the month in which the request to revise prices is received.
PRICE REVISION. Upon the Contracting Officer's receipt of the data required by paragraph (c) above, the Contracting Officer and the Contractor shall promptly establish the total final price of the items specified in (a) above by applying to final negotiated cost an adjustment for profit or loss, as follows:
(1) On the basis of the information required by paragraph (c) above, together with any other pertinent information, the parties shall negotiate the total final cost incurred or to be incurred for supplies delivered (or services performed) and accepted by the Government and which are subject to price revision under this clause.
(2) The total final price shall be established by applying to the total final negotiated cost an adjustment for profit or loss, as follows:
(i) If the total final negotiated cost is equal to the total target cost, the adjustment is the total target profit.
(ii) If the total final negotiated cost is greater than the total target cost, the adjustment is the total target profit, less _ Contracting Officer insert percent percent of the amount by which the total final negotiated cost exceeds the total target cost.
(iii) If the final negotiated cost is less than the total target cost, the adjustment is the total target profit plus _ Contracting Officer insert percent percent of the amount by which the total final negotiated cost is less than the total target cost.
PRICE REVISION. 4.1 Seller Price Revision Formula The Base Prices of the Airframe and of the SCNs relating to the Airframe are subject to revision up to and including the Delivery Date in accordance with the Seller Price Revision Formula.
PRICE REVISION. The total amount referred to in the Article I.3.1 shall be fixed and not subject to revision during the first year of performance of the contract. At the beginning of the second and every following year of the contract, the amount(s) may be revised upwards or downwards, if such revision is requested by one of the parties in writing no later than three months before the anniversary of the date on which the contract was signed. The other party shall acknowledge receipt within 15 days of reception of the request for price revision. The new prices shall be communicated in writing as soon as the final index is available. The revision shall be determined by any change resulting from the “EUROSTAT (All-Items HICP- Italy)”. The EUROSTAT index of reference for the revision is the “Harmonised index of consumer prices”. The most recent “Harmonised index of consumer prices” published before the request shall be used for the re-evaluation. In the case whereby the revaluation request is received after the annual expiration date, the same will be granted with effect from the date of receipt of the request.
PRICE REVISION. Unless otherwise stipulated in the Contract, no adjustment of the Contract Price shall be made in respect of fluctuations of market, prices of labour, materials, plant or equipment, neither due to fluctuation in interest rates nor devaluation or any other matters affecting the Works.
PRICE REVISION. If a price revision index is provided in Article I.5.2, this Article applies to it. Prices are fixed and not subject to revision during the first year of the FWC. At the beginning of the second and every following year of the FWC, each price may be revised upwards or downwards at the request of one of the parties. A party may request a price revision in writing no later than three months before the anniversary date of entry into force of the FWC. The other party must acknowledge the request within 14 days of receipt. At the anniversary date, the contracting authority must communicate the final index for the month in which the request was received, or failing that, the last provisional index available for that month. The contractor establishes the new price on this basis and communicates it as soon as possible to the contracting authority for verification. The contracting authority purchases on the basis of the prices in force at the date on which the specific contract enters into force. The price revision is calculated using the following formula: Ir Pr = Po x ( — ) Io where: Pr = revised price; Po = price in the tender; Io = index for the month in which the FWC enters into force; Ir = index for the month in which the request to revise prices is received. European Asylum Support Office xxx.xxxx.xxxxxx.xx Tel: +000 0000 0000 xxxx@xxxx.xxxxxx.xx MTC Block A, Winemakers Wharf Valletta, MRS 1917, MALTA
PRICE REVISION. Exhibit H-1 to the Agreement, Propulsion Systems Price Revision Formula, is deleted and replaced by the Exhibit H-2, Propulsion Systems Price Revision Formula annexed hereto.
PRICE REVISION. Prices charged at the time of delivery are those applicable at the time of delivery. If the OWNER’S standard hire prices for any of the equipment are revised after the start date, the OWNER may give the HIRER not less than four (4) weeks’ notice of the revised price which shall thereafter be the price at which the HIRER hires the equipment.
PRICE REVISION. The price for use of the Transmission Network is fixed according to the legislative and regulatory provisions in force, by deliberation of the CRE. Accordingly, any decision to modify the Transmission Price taken pursuant to these provisions will be substituted as a matter of law for the Transmission Price with effect from the planned date of entry into effect, without the Shipper being entitled to claim any compensation and/or indemnity of any nature whatsoever.
PRICE REVISION. If a price revision index is provided in Article I.4.2, this Article applies to it. Prices are fixed and not subject to revision during the first year of the contract. At the beginning of the second and every following year of the contract, each price may be revised upwards or downwards at the request of one of the parties. A party may request a price revision in writing no later than three months before the anniversary date of entry into force of the contract. The other party must acknowledge the request within 14 days of receipt. At the anniversary date, the contracting authority must communicate the final index for the month in which the request was received, or failing that, the last provisional index available for that month. The contractor establishes the new price on this basis and communicates it as soon as possible to the contracting authority for verification. The price revision is calculated using the following formula: Ir Pr = Po x ( — ) Io where: Pr = revised price; Po = price in the tender; Io = index for the month in which the contract enters into force; Ir = index for the month in which the request to revise prices is received.
