Pricing Increases. Pricing offered shall be fixed for the first twelve (12) months of the Contract term from the date of Comptroller approval of this Contract. Contractor may thereafter request an increase in the pricing contained in Appendix E (Submission #3, 4, or 5) by submitting a “Regular Add” to the OGS Purchasing Officer, provided that Contractor certifies in writing that the price change for Product applies to its GSA Supply Schedule, and that Contractor documents the request to the satisfaction of the State. Price increases shall be effective upon final approval by the State, and may not be electronically posted by Contractor prior to receipt of final approval
Pricing Increases. Price increases shall be effective upon final approval by the State, and may not be electronically posted by Contractor prior to receipt of final approval. (See Section 4, D, b) Regular Add)
Pricing Increases. 8IT shall endeavour to mitigate price increases to the best of their ability. Pricing increases may occur from time to time however based on several factors such as subscription price increases from suppliers or vendors, market rate fluctuation, exchange rate changes, inflation or a substantial change in the deliverable service. 8IT commits to providing the lowest price increases when possible. An example of a price increase would be if an underlying software subscription vendor that is included in the iCare offering increases their pricing to 8IT, 8IT shall pass on that price increase to Customer. 8IT shall provide as much notice possible to Customer via email of expected price increases. Outside of vendor or partner price increases, 8IT shall not arbitrarily increase prices during the Term of the Agreement greater than 5% annually and retains the right to increase pricing at Renewal of Term with proper notice based on current program pricing.
Pricing Increases. Price increases shall be effective upon final approval by the State, and may not be electronically posted by Contractor prior to receipt of final approval. (See Section 16-B, Regular Add) Trade-Ins - Authorized Users may trade-in equipment when making purchases from this Contract. Trade-in’s must be negotiated between the Authorized User and the Contractor as there is no mandatory trade-in policy established for this Contract. Contractor is prohibited from imposing any mandatory requirements or restrictions on Product disposal (e.g., prohibiting cross-brand trade-ins), other than generic environmental safety concerns. Users are obligated to actively seek current fair market value when trading equipment and must keep accurate records in the file verifying the process. For State Agencies, it may be necessary to provide this documentation to the Office of the State Comptroller. (See Section 9-L)
Pricing Increases. Supplier may increase the prices for the Products it sells to Buyer if the price paid by Supplier increases, by no more than the increase paid by Supplier. Supplier must provide documentary support of any such increase in price to Supplier, if requested by Buyer.
