PRICES SHALL BE FIXED AND FIRM FOR TERM OF CONTRACT Sample Clauses

PRICES SHALL BE FIXED AND FIRM FOR TERM OF CONTRACT. If the successful Bidder is awarded a contract under this Bid Solicitation, the prices quoted by the successful Bidder on the Bid forms shall remain fixed and firm during the term of the contract unless determined by the Contract Administrator that a change in the price is in the best interest of the XXXX. If the contracted price is increased during a contract year, the price cannot be changed again during the same contract year unless otherwise approved by the Contract Administrator. For a price increase request, the contractor must provide reasonable documentation for the price increase request. The contractor must also submit a listing of the current price of the equipment and the proposed increased price, as a percentage, of the same piece of equipment. The price increase request template provided by the NCSA must be completed and submitted by all contractors requesting a price increase. Additionally, the contractor must also provide letter(s) from suppliers announcing the price increase. Only after these documents have been sufficiently received by the Contract Administrator will the request for a price increase be considered. All price increase requests will be handled on a per request basis and any approved price increases will be made known to the requesting contractor by electronic mail.
Sample 1
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PRICES SHALL BE FIXED AND FIRM FOR TERM OF CONTRACT. The initial contract prices resultant from this solicitation shall prevail for a one (1) year period from the contract’s initial effective date. Prior to, or upon completion, of that initial term, the County may consider an adjustment to price based on changes in the following pricing index: Consumer Price Index, Wage Earners and Clerical Workers in the South, for All Items on a year-by-year basis. It is the vendor’s responsibility to request any pricing adjustment under this provision. The vendor’s request for adjustment should be submitted 90 days prior to expiration of the then current contract term.
Sample 1
PRICES SHALL BE FIXED AND FIRM FOR TERM OF CONTRACT. Initial contract prices for Liquid Ferric Sulfate (Item 1) resultant from this solicitation shall remain fixed for a period of no less than 12 months from the contract’s initial effective date. Following the initial 12 month period, the fixed price may be adjusted upward or downward based on changes in the following pricing index:
Sample 1

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  • PRICING for Markup of Non-Prepriced Items in RS Means Unit Price Book What is your proposed Markup Percentage on materials not found in the RS Means Price Book? If any materials being utilized for a project cannot be found in the RS Means Price Book, this question is what is the markup percentage on those materials? When answering this question please insert the number that represents your percentage of proposed markup. Example: if you are proposing a 30 percent markup, please insert the number "30". Remember that this is a ceiling markup. You may markup a lesser percentage to the TIPS Member customer when pricing the project, but not a greater percentage. EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project. You would buy the materials and mark them up to the TIPS Member customer by the percentage you propose in this question. If the materials cost you, the contractor, $100 and you proposed a markup on this question for the material of 30 percent, then you would charge the TIPS Member customer $130 for the materials.

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