Common use of RATE REVISIONS Clause in Contracts

RATE REVISIONS. The hourly rates (including escalations, if any) approved under this PA shall be subject to review and potential revisions in conformance with Agency’s Billing Rate Policy AGR 06-01 and Agency’s business practices. The Billing Rate Policy (as may be revised from time to time by Agency) is incorporated by this reference with the same force and effect as though fully set forth herein, and is available at: xxxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx. The hourly rates approved under this PA shall apply to the WOC and remain in effect throughout the duration of the WOC unless revisions are approved by Agency. Any approved revisions to the hourly rates approved for use under the PA shall apply to subsequent invoices under the WOC(s) but shall not effect an increase in the WOC NTE amount (exceptions may be approved by Agency on a case by case basis and require an amendment to the WOC).

RATE REVISIONS. The hourly rates (including escalations, if any) approved under this PA shall be subject to review and potential revisions in conformance with Agency’s Billing Rate Policy AGR 06-01 and Agency’s business practices. The Billing Rate Policy (as may be revised from time to time by Agency) is incorporated by this reference with the same force and effect as though fully set forth herein, and is available at: xxxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspxxxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx. The hourly rates approved for use in any WOC under this PA PA, shall apply to the WOC and remain in effect throughout the duration of the WOC unless revisions are approved by Agency. Any approved revisions to the hourly rates approved for use allowable under a WOC shall not exceed the rate maximums per classification as stated in the PA shall apply to subsequent invoices under the WOC(s) but shall not or effect an increase in the WOC NTE amount (exceptions may be approved by Agency on a case by case basis and require an amendment to the WOCbasis).

RATE REVISIONS. The hourly rates (including escalations, if any) approved under this PA shall be subject to review and potential revisions in conformance with Agency’s Billing Rate Policy AGR 06-01 and Agency’s business practices. The Billing Rate Policy (as may be revised from time to time by Agency) is incorporated by this reference with the same force and effect as though fully set forth herein, and is available at: xxxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx. The hourly rates approved for use in any WOC under this PA PA, shall apply to the WOC and remain in effect throughout the duration of the WOC unless revisions are approved by Agency. Any approved revisions to the hourly rates approved for use allowable under a WOC shall not exceed the rate maximums per classification as stated in the PA shall apply to subsequent invoices under the WOC(s) but shall not or effect an increase in the WOC NTE amount (exceptions may be approved by Agency on a case by case basis and require an amendment to the WOCbasis).