Common use of RATE REVISIONS Clause in Contracts

RATE REVISIONS. Contractor’s hourly rates applicable to this Contract shall be subject to review and approval by Agency. The hourly rates approved for use under this Contract shall remain in effect throughout the duration of the Contract unless revisions are approved by Agency. Hourly rates and other pricing submitted in a price proposal or rate schedule for evaluation and scoring under the solicitation for the Contract shall remain in effect for not less than the first 12 months of the Contract. Any approved revisions to the hourly rates allowable under the Contract shall not cause an increase in the Contract NTE amount (exceptions may be approved by Agency on a case-by-case basis).

RATE REVISIONS. Contractor’s hourly rates applicable to this Contract shall be subject to review and approval by Agency. The hourly rates approved for use under this Contract shall remain in effect throughout the duration of the Contract unless revisions are approved by Agency. Hourly rates and other pricing submitted in a price proposal Proposal or rate schedule for evaluation and scoring under the solicitation for the Contract shall remain in effect for not less than the first 12 months of the Contract. Any approved revisions to the hourly rates allowable under the Contract shall not cause an increase in the Contract NTE amount (exceptions may be approved by Agency on a case-by-case basis).

RATE REVISIONS. Contractor’s hourly rates applicable to this Contract shall be subject to review and approval by Agency. The hourly rates approved for use under this Contract shall remain in effect throughout the duration of the Contract unless revisions are approved by Agency. Hourly rates and other pricing submitted in a price proposal or rate schedule for evaluation and scoring under the solicitation for the Work Order Contract shall remain in effect for not less than the first 12 months of the Work Order Contract. Any approved revisions to the hourly rates allowable under the Contract shall not cause an increase in the Work Order Contract NTE amount (exceptions may be approved by Agency on a case-by-case basis).