Common use of Contract Price Increase Clause in Contracts

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (as amended below), the contract is hereby increased by 1.051 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X – Series ID PCU23821X23821X”) for the 12-month period ending in September 2021 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (as amended belowper Amendment No. 1), the contract is hereby increased by 1.051 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X – - Series ID PCU23821X23821X”) for the 12-month period ending in September 2021 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (as amended below)Adjustment, the contract is hereby increased by 1.051 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- NAICS-based PPI Code: 23821X – Series ID PCU23821X23821X”) for the 12-month period ending in September 2021 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.

Contract Price Increase. Pursuant to Section 6. Contract Price Adjustment (as amended belowPer Amendment No. 1), the contract is hereby increased by 1.051 1.314 percent change per the U.S. Department of Labor Producer Price Index for Industry: “Electrical contractors, nonresidential building work” (“NAICS- based PPI Code: 23821X – Series ID PCU23821X23821X”) for the 12-month period ending in September 2021 2022 using the Simple Percentage Method as described in the Price Adjustment Guide for Contracting Parties.