Common use of Virginia Tech Question Clause in Contracts

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items Services category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Soupbone Creative response- Yes.

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Transcat Inc. response: Yes, we agree.

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items Services category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Tangible Designs response-Yes

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items Services category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Afton Design Co response – Yes, we agree.

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Response: Yes, we agree.

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? Response: If this information is provided in advance. Prices increase annually.

Virginia Tech Question. If awarded a contract, do you agree to limit price increases to no more than the increase in the Consumer Price Index, CPI-W, All Items category for the latest twelve (12) months for which statistics are available at the time of renewal or 3 percent, whichever is less?? CCS Inc. response: CCS agrees to the above price increase guidelines.