Common use of Savings/Reductions Form Clause in Contracts

Savings/Reductions Form. The Contractor shall submit one (1) accurately completed PUR7064-Savings/Price Reductions form containing the required savings information for each Product Category offered and a method(s) for the Department to verify the savings information provided within 10 business days following Notice of Award of the contract, upon each request to renew and/or extend the contract, or upon any action that establishes or adjusts the prices under the contract.

Appears in 6 contracts

Samples: State Term Contract, State Term Contract for Office Supplies, State Term Contract

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