Common use of Pricing Increases Clause in Contracts

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. 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. Pricing offered shall be fixed for the first twelve (12) months of the Contract term from the date of Comptroller OSC 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. See also Section 6C4d, Unauthorized Price Increases.