Adjustment Formula definition
Examples of Adjustment Formula in a sentence
Attachment: Price Adjustment Formula If, in accordance with GCC 16.2, prices shall be adjustable, the following method shall be used to calculate the price adjustment: 16.2 Prices payable to the Supplier, as stated in the Contract, shall be subject to adjustment during performance of the Contract to reflect changes in the cost of labor and material components in accordance with the formula: P1 = P0 [a + bL1 + cM1] - P0L0 M0 a+b+c = 1in which: P1 = adjustment amount payable to the Supplier.
The Contract Price Adjustment Formula in accordance with Part C 1.2 Contract Data.
Attachment: Price Adjustment Formula If, in accordance with GCC 16.2, prices shall be adjustable, the following method shall be used to calculate the price adjustment: 16.2 Prices payable to the Supplier, as stated in the Contract, shall be subject to adjustment during performance of the Contract to reflect changes in the cost of labor and material components in accordance with the formula: P1 = P0 [a + bL1 + cM1] - P0 L0 M0 a+b+c = 1 in which: P1 = adjustment amount payable to the Supplier.
The term "Note" and all references thereto, as -------------------- used throughout this instrument, shall mean this instrument as originally executed, or if later amended or supplemented, then as so amended or supplemented, and any successor instrument as such successor instrument may be amended or supplemented.
Table 4.1: Price Cap IR Adjustment Formula A maximum inflation factor of 2.20% applies to all Price Cap IR applications for the 2021 rate year, provided that a utility does not elect a lower inflation factor to be used.The X-factor is the sum of the productivity factor and the stretch factor.