Common use of Asphalt Cement Price Adjustment Clause in Contracts

Asphalt Cement Price Adjustment. The amount of compensation to be paid to the Contractor may increase or decrease as a result of changes to the Monthly Asphalt Cement Material price (MACMP) for asphalt cement established by ODOT. This asphalt cement escalation and de-escalation clause will work as follows:

Appears in 4 contracts

Samples: Pricing Agreement, Pricing Agreement, Pricing Agreement

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