CPI/ECI Sample Clauses
The CPI/ECI clause is designed to adjust contract prices or payments based on changes in recognized economic indices, such as the Consumer Price Index (CPI) or the Employment Cost Index (ECI). In practice, this clause allows for periodic recalculation of amounts owed under the contract to reflect inflation or shifts in labor costs, ensuring that payments remain fair and aligned with current market conditions. By linking financial obligations to objective economic measures, the clause helps both parties manage the risk of fluctuating costs over the contract term.
CPI/ECI. Commencing on the first day of the * and on the first day of each * thereafter, C&S will increase or decrease the Stop Fee for both Facilities and C&S Facilities by an amount equal to * from the first day of *. The CPI Stop Fee Amount for Facilities and C&S Facilities will be agreed to as part of the Stop Fee calculation under Section 3.2(b)(ii). The increase or decrease in the CPI shall be *.