Common use of UNIT PRICE ADJUSTMENTS Clause in Contracts

UNIT PRICE ADJUSTMENTS. This contract incorporates Construction Wage Rate Requirements Wage Determinations and Service Contract Labor Standards Wage Determinations from the previous service provider. In accordance with subparagraph (b) of the Fair Labor Standards and Service Contract Labor Standards—Price Adjustment Clause, FAR 52.222-43 and subparagraph (b) of the Construction Wage Rate Requirements—Price Adjustment Clause, FAR 52.222-32 offerors shall not include escalation of wage and fringe benefit rates for Service Contract Labor Standards (formerly known as the Service Contract Act (SCA) of 1965) covered employees and/or Construction Wage Rate Requirements (formerly known as the Xxxxx-Xxxxx Act) covered employees in the option periods of performance. Wage and fringe benefit rates used for the base performance period will be used in pricing labor costs for all periods of performance in the option years. In accordance with the referenced clauses, the contractor may be entitled to an adjustment in contract price only when a new Service Contract Labor Standards wage determination and Construction Wage Rate Requirements wage determination is modified into the contract and it affects wages and fringe benefits of covered employees.

UNIT PRICE ADJUSTMENTS. This contract incorporates Construction Wage Rate Requirements Wage Determinations and Service Contract Labor Standards Wage Determinations from the previous service providerDeterminations. In accordance with subparagraph (b) of the Fair Labor Standards and Service Contract Labor Standards—Price Adjustment Clause, FAR 52.222-43 and subparagraph (b) of the Construction Wage Rate Requirements—Price Adjustment Clause, FAR 52.222-32 offerors shall not include escalation of wage and fringe benefit rates for Service Contract Labor Standards (formerly known as the Service Contract Act (SCA) of 1965) covered employees and/or Construction Wage Rate Requirements (formerly known as the Xxxxx-Xxxxx Act) covered employees in the option periods of performance. Wage and fringe benefit rates used for the base performance period will be used in pricing labor costs for all periods of performance in the option years. In accordance with the referenced clauses, the contractor may be entitled to an adjustment in contract price only when a new Service Contract Labor Standards wage determination and determination, Construction Wage Rate Requirements wage determination determination, or CBA is modified into the contract and it affects wages and fringe benefits of covered employees.

UNIT PRICE ADJUSTMENTS. This contract incorporates Construction Wage Rate Requirements Wage Determinations and Service Contract Labor Standards Wage Determinations from the previous service providerDeterminations. In accordance with subparagraph (b) of the Fair Labor Standards and Service Contract Labor Standards—Price Adjustment Clause, FAR 52.222-43 and subparagraph (b) of the Construction Wage Rate Requirements—Price Adjustment Clause, FAR 52.222-32 offerors shall not include escalation of wage and fringe benefit rates for Service Contract Labor Standards (formerly known as the Service Contract Act (SCA) of 1965) covered employees and/or Construction Wage Rate Requirements (formerly known as the Xxxxx-Xxxxx Act) covered employees in the option periods of performance. Wage and fringe benefit rates used for the base performance period will be used in pricing labor costs for all periods of performance in the option years. In accordance with the referenced clauses, the contractor may be entitled to an adjustment in contract price only when a new Service Contract Labor Standards wage determination and or Construction Wage Rate Requirements wage determination is modified into the contract and it affects wages and fringe benefits of covered employees.