Price Updates. Contractor may update its price list as follows:
1. OGS reserves the right to change the processes set forth in this section. This may include but is not limited to an electronic submission system.
2. Commencing six (6) months after the initial Contract Award, the Contractor may request to update its price list to reflect Contractor price changes and the addition/deletion of Products.
3. Contractor requests for price list updates may be submitted a maximum of twice per calendar year. The Contractor shall provide OGS with one electronic copy of the requested updated price list.
4. A Contractor may not submit a price list update while the Contractor has a previously submitted price list update that remains under review.
5. Price list updates may not be granted to Contractor if it has outstanding sales reports, proof of insurance or any other documentation that is required under this Contract.
6. OGS reserves the right to reject a Contractor’s request for a price list update if the contractor does not cure outstanding issues within the timeframe specified by XXX’s correspondence of said issues. If the contractor fails to cure the issue within the specified timeframe, OGS shall reject the request and the Contractor’s submission shall be forfeited. An example of a timeline where the Contractor’s submission shall be rejected and the submission forfeited is as follows:
a. OGS Conducts the preliminary review and advises the Contractor of issues that need to be cured. Within OGS’s notification of the errors found OGS shall advise Contractor they have fourteen (14) calendar days to respond and cure the issues.
b. If after those fourteen (14) calendar days the Contractor does not cure the issues OGS shall remind the Contractor there are issues that need to be cured and shall further advise the Contractor they have seven (7) calendar days to cure the issues.
c. If after those seven (7) calendar days the Contractor does not cure the issues OGS shall remind the Contractor there are issues that need to be cured, shall advise the Contractor they have seven (7) calendar days to cure the issues and shall further advise the Contractor that if the outstanding issues are not cured within seven (7) calendar days the price list update request will be rejected and the Contractor will forfeit their opportunity for one of their price list submissions for that calendar year.
7. OGS reserves the right to request price list updates in addition to the twice-yearly request limit imposed...
Price Updates. Prices for our services are subject to change without notice. We reserve the right to modify pricing at any time without prior notice.
Price Updates. Price updates shall be made in accordance with Appendix C Contract Modification Procedure and the following sections.
6.6.1 Lot 1 Product - Price Updates
Price Updates. Prices will be updated on each anniversary date throughout the term of the contractual relationship, within the limit of the increase in the HICP index plus a maximum of five percentage points (5%), applied to the annual renewal amount. The price update will be calculated according to the following formula: P1= P0 x (S1/S0 + 0.05) Where: P1 = revised prices P0 = price for year N-1 S0 = reference HICP index used on the contractual date of year N-1 S1 = last index published on the revision date
Price Updates. All price updates will be determined in Spanish pesetas. Proposals for updates to the initial prices will include also changes in the currency exchange rate for US dollar and Spanish pesetas and any other relevant currencies. The exchange rate for a period, as defined in Attachment 1 Statement of Work, section 7.5 (e), will be defined by the spot value of the currency in pesetas in Madrid (Spain) at market closing on the 15th of the month preceding the begining of the period, or the last market day before it if the 15th is not a market day for currency. For price updates, proposals for changes will be issued in Spanish pesetas. Components of cost for which third party quotes are in other than pesetas will be translated to pesetas at the rate IBM Spain and GMSV agree for the period for which the prices are defined. At the start of this Contract the agreed exchange rate is 1 USD = 155 pts.
Price Updates. WINNME will provide thirty (30) days notice for any increase to Services pricing and/or fees.
Price Updates. Contractor may update its pricelist as follows: Commencing with the first anniversary date of the Bid Opening, the Contractor may update the pricelist to reflect Contractor price increases. No Product or Service shall have its price increased more than once in a twelve month period. The Contractor shall provide OGS with one electronic copy of the updated pricing. No Price Updates will be granted to any Contractor who has outstanding Sales Reports, Proof of Insurance or any other documentation that is required under its contract. Contractors shall be permitted to reduce their pricing, add new Products or Services, or remove Products or Services at any time during the contract term. Products or Services may not be removed from the Contract without written confirmation from the Product manufacturer or Service provider that the Product or Service is no longer offered. Contractors shall submit their updated pricelist to the OGS Procurement Services contract administrator pursuant to the requirements of this section for review and written approval prior to issuing to Authorized Users or posting to the Contractor’s dedicated New York State website. The State reserves the right to request copies of existing contracts or price lists to ensure that the prices offered to the State are reasonable and commensurate with similar purchasers. All approved pricelist updates shall apply prospectively upon approval by OGS. Total price increases for pricelist updates in a single year of the Contract shall not exceed the escalation cap as set forth in Escalation Cap subdivision, below. All percentage discounts shall either remain firm (unchanged) or they may increase for the duration of the Contract
Price Updates. New products/services may be added during the term of the contract upon written request providing it is within the original scope of this RFP. All requests are subject to review and approval by Region 4 ESC. At no time is the Supplier allowed to unilaterally change products or pricing. Vendors shall be responsible for notifying Region 4 ESC of all obsolete and discontinued products in writing and in a timely manner. It is the Vendor’s responsibility to provide Region 4 ESC with an up-to-date price list for the duration of the contract. Appendix C: PRICING
Price Updates. All prices in the Order Form are current as at the date of issuing that Order Form. Agilyx is entitled to increase the prices on an annual basis, effective on the Renewal Date, and on each anniversary thereafter in accordance with this clause, up to a maximum of the higher value of:
(a) 5%; or
(b) the annual increase in the Australian Consumer Price Index (CPI, All Groups) as published by the Australian Bureau of Statistics.
Price Updates. As described above, prices for Catalog Products regardless of procurement channel, shall be reviewed and subject to change once per year from 1st January. Price decreases shall be implemented on the quarterly review (or such earlier date mutually agreed by the parties). Changes to price files shall be submitted to UC, and UC shall have a maximum period of 45 days to review. Should objections arise, UC and the Seller shall be review the objections on a case by case basis with the balance of price amendments being approved.
