Common use of Best Pricing Offer Clause in Contracts

Best Pricing Offer. During the Contract term, if substantially the same or a smaller quantity of a Product is sold by the Contractor outside of this Contract upon the same or similar terms and conditions as that of this Contract at a lower price to a federal, state or local governmental entity, the price under this Contract, at the discretion of the Commissioner, shall be immediately reduced to the lower price. Price decreases shall take effect automatically during the Contract term and apply to Purchase Orders submitted on or after:

Appears in 155 contracts

Sources: Consent to Assignment, Centralized Contract for the Acquisition of Microcomputer Systems and Related Services, Contract for the Acquisition of Assistive Technology for Persons With Disabilities