Escalation/De Clause Samples
Escalation/De. Escalation Clause. All prices set forth in Schedule A shall be firm against any increase for the performance period and any transition period for this Agreement. Ninety days (90) days prior to end of the performance period and before any vote by the elected School Board on the renewal of this Agreement, the District may entertain a request from the Contractor for the escalation (increase) in the price listed in Schedule A in any subsequent, renewal contract. The basis for this price increase request will be a cost increase to the Contractor that exceeds ten percent (10%) of the price listed in Attachment “A” of this Agreement.
Escalation/De. Escalation Clause - Pricing in Exhibit B may be increased by amendment after the initial first year of the Price Agreement, supported by documentation which specifically shows the percentages that costs have increased and the impact of those cost increases to the prices in this Price Agreement. It is preferable that requests for prices increases be supported by an applicable price index. The City of Bend shall have the option of accepting the price increase or canceling the balance of the Price Agreement. The Supplier shall notify the City of all price increases and decreases as far in advance of the effective date as possible. No upward price adjustment of any sort will be allowed during the first year of the Price Agreement period. Notification shall be in writing and any changes shall be made in writing by amendment.
Escalation/De escalation clause will not be applicable for the workers who involve in item base activities (SOR line item Nos-Sl.No.1 to 25 of Section- C).