Pricing Principles. The following pricing principles will apply in respect of any variation: 7.3.1 the Provider will only charge the Authority for a variation to the extent the variation cannot reasonably be considered already within the scope of this agreement; 7.3.2 if there is a cost impact of the variation then the parties will use genuine efforts to agree a reasonable price for the variation (taking into account the nature and extent of the variation) in accordance with the rest of this clause 7.3; 7.3.3 the pricing for any variation must be: 7.3.3.1 reasonable; 7.3.3.2 competitive; 7.3.3.3 based on the rates specified in paragraph 4 of schedule 1 (to the extent applicable); 7.3.3.4 no higher than pricing the Provider offers its most preferred customers for products or services the same or similar to the products or services proposed to be provided to the Authority as part of the variation; and 7.3.3.5 no higher than the price at which the Authority would be able to procure similar products or services from another service provider; and 7.3.4 without limiting clause 7.4, if requested by the Authority, the Provider will obtain and provide (at its cost) a certificate from an auditor confirming that any pricing of a variation complies with the requirements of this clause 7.3.
Appears in 7 contracts
Samples: Market Operator Service Provider Agreement, Market Operator Service Provider Agreement, Market Operator Service Provider Agreement
Pricing Principles. The following pricing principles will apply in respect of any variation:
7.3.1 the Provider will only charge the Authority for a variation to the extent the variation cannot reasonably be considered already within the scope of this agreement;
7.3.2 if there is a cost impact of the variation then the parties will use genuine efforts to agree a reasonable price for the variation (taking into account the nature and extent of the variation) in accordance with the rest of this clause 7.3;
7.3.3 the pricing for any variation must be:
7.3.3.1 reasonable;
7.3.3.2 competitive;
7.3.3.3 based on the rates specified in paragraph 4 3 of schedule 1 (to the extent applicable);
7.3.3.4 no higher than pricing the Provider offers its most preferred customers for products or services the same or similar to the products or services proposed to be provided to the Authority as part of the variation; and
7.3.3.5 no higher than the price at which the Authority would be able to procure similar products or services from another service provider; and
7.3.4 without limiting clause 7.4, if requested by the Authority, the Provider will obtain and provide (at its cost) a certificate from an auditor confirming that any pricing of a variation complies with the requirements of this clause 7.3.
Appears in 2 contracts
Samples: Market Operator Service Provider Agreement, Market Operator Service Provider Agreement