Ceiling Prices Sample Clauses
The Ceiling Prices clause sets a maximum limit on the amount that can be charged or paid for specific goods, services, or work under a contract. In practice, this means that regardless of actual costs incurred or price fluctuations, the total payment cannot exceed the agreed ceiling price. This clause is commonly used in contracts where costs are uncertain, such as construction or supply agreements. Its core function is to protect the buyer from unexpected cost overruns and provide budget certainty by capping financial exposure.
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Ceiling Prices. The individual Base Equipment Price (after discount); OEM Option, Accessory, & Implement Price (after discount); and OEM Part Price (after discount) contained or referenced in the Attachment A, Price sheets, shall be the not-to-exceed Ceiling Prices under the Contract. Chapter 60A of the Florida Administrative Code govern the contract. The Contractor shall comply with section 274A of the Immigration and Nationality Act, the Americans with Disabilities Act, and all prohibitions against discrimination on the basis of race, religion, sex, creed, national origin, handicap, marital status, or veteran’s status. Violation of any laws, rules, codes, ordinances, or licensing requirements may be grounds for contract termination or nonrenewal of the contract.
Ceiling Prices. The individual Base Equipment Price (after discount); OEM Option, Accessory, & Implement Price (after discount); and OEM Part Price (after discount) contained or referenced in the Attachment A, Price sheets, shall be the not-to-exceed Ceiling Prices under the Contract.
Ceiling Prices. The Representative Model Price for each Representative Model listed in the Contractor’s submitted Price Sheet (C.4), shall be the not-to-exceed Ceiling Prices under the Contract. The Options discount listed in the Contractor’s submitted Price Sheet (C.4) shall be the minimum discount applied to Options.
Ceiling Prices. The Representative Base Model Vehicle Price, individual OEM Options Net Price or OEM Options MSRP credit, and the Identified Aftermarket Option Price for each Representative Model described in the Price Sheets, shall be the not-to-exceed Ceiling Prices under the Contract.
Ceiling Prices. The individual Net Tire Prices (after the applicable GBPL Discount is applied to the approved Government Book Price) and individual Optional Related Service Prices contained or referenced in the Section 7.1, Price Sheet & Ordering Instructions, Authorized Price List, will be the not-to-exceed Ceiling Prices under the Contract. Unless stated otherwise herein, the Ceiling Prices for the Tires and Optional Related Services individually include: all profit, administrative charges / fees, Authorized Dealer preparation charges / fees, environmental charges / fees (except Waste Tire Fee, per Section 5.8), packing charges / fees, handling charges / fees, freight charges / fees, shipping charges / fees, delivery charges / fees to any point within the State of Florida, warranty charges / fees, shop charges / fees, and any other charges or fees necessary to provide the Tire or Optional Related Service according to the requirements, specifications, terms, and conditions, exclusive of taxes. Where a Ceiling Price is a Net Tire Price, the Net Tire Price shall be calculated by applying the applicable GBPL Discount from Section 7.1, Price Sheet & Ordering Instructions, to the individual Tire’s approved Government Book Price and rounding to the nearest whole cent. For example, if the applicable GBPL Discount is 50.00% and the individual Tire’s Government Book Price is $147.59, then the Net Tire Price will be $73.80 [$147.59 – 50.00% = $73.795 = $73.80 (as rounded to the nearest whole cent)]. Additionally, the Contractor may, is encouraged to, and under certain circumstances (per Section 5.9, Authorized Price List) shall be required by the Department to provide Net Down Prices for contracted Tires. A Net Down Price is where the Contractor provides a specific Tire with a price lower than the contractually required Net Tire Price (Ceiling Price). For example, if the Net Tire Price is calculated at $73.80, the Net Down Price may be provided by the Contractor at a lower price, $55.00. Net Down Prices shall not exceed the Net Tire Price (Ceiling Prices) for the respective Tires. Eligible Users may negotiate Net Tire Prices, Net Down Prices, and Optional Related Service Prices for the contracted Tires and Optional Related Services with the Contractor and Authorized Dealer, provided the negotiated prices do not exceed the Ceiling Prices for the respective Tire or Optional Related Service. The Contractor and Authorized Dealer are prohibited from negotiating and charging prices that...
Ceiling Prices. The prices listed in Exhibit D are Ceiling Prices. Contractor may offer lower prices to Purchasing Entities, and Purchasing Entities may negotiate lower prices with Contractor, without the review or approval of the State.