Price Validity Clause Samples
The Price Validity clause defines the period during which the prices quoted in a contract or offer remain firm and enforceable. Typically, this clause specifies a set timeframe—such as 30 or 90 days—within which the buyer can accept the offer at the stated price, after which the seller may adjust prices due to market changes or cost fluctuations. Its core function is to provide certainty and stability for both parties by preventing unexpected price changes during negotiations or before contract finalization.
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Price Validity. Prices provided in this Invitation to bid (ITB) shall be valid for at least One-Hundred and Twenty (120) days from time of ITB opening unless otherwise extended and agreed upon by the City and Bidder. The City shall award contract within this time period or shall request to the recommended awarded vendor an extension to hold pricing, until products/services have been awarded.
Price Validity. The quoted price will remain valid and unchanged during the entire contract period.
Price Validity i. Initially the offer is valid up to 31.12.2024 for the tendered quantity and the supplier has to extend the validity of the offer till the completion of supplies against the Purchase Order. No increase in the rate will be entertained on any account during the period of execution of the Purchase Order except statutory price revisions.
ii. The offer should be open to place order for additional requirement, if any over and above the ordered quantity on mutual consent.
Price Validity. Prices on this quotation are firm for thirty (30) days, unless otherwise stated.
Price Validity. Unless otherwise stated in the Offer Letter, the Price is valid for 30 calendar days from the date of the Offer Letter. Following that 30 day period, or the validity period in the Offer Letter, EEI is entitled but not obliged to vary the Price and revise the offer.
Price Validity. The prices specified in the present Article Error! Reference source not found. of Annex TCS shall be valid upon execution of this Agreement and until December 31st 2012 and shall be adjusted in accordance with the arrangements set forth in the Basic Agreement.
Price Validity. The Offeror must state in their quotation the validity period of their quotation. The minimum offer acceptance period for this RFQ is 90 days after closing date of the RFQ. If an Offeror has provided a validity period of less than 90 days, the quotation may be eliminated.
Price Validity. Unless prices are changed by HP in accordance with this Agreement, prices are valid while this Agreement is in effect for the period set forth in a Transaction Document.
Price Validity. The price validity will remain for one year. If any changes occur in raw materials price or others relevant reasons, then Assignor can change the price after discussion with the Distributor considering Chile market scenario.