Common use of Option Price Clause in Contracts

Option Price. Options, when specified by an Authorized User, shall include any and all labor, installation, fittings, connections, etc., that might be needed to attach the Option to the Vehicle so that the Option operates to the Option’s full design capabilities; there shall be no additional up-charges, fees, etc., for adding OEM Options. The MSRP for Options shall be included in the Base Vehicle MSRP, and be discounted in accordance with the NYS Vehicle Discount. Offers of pricing greater than MSRP in a Mini-Bid shall result in rejection of the bid. When a standard Vehicle Option is being deleted, the Contractor must give the Authorized User proof of the MSRP for the Option, as shown in the OEM Specifications. If the Option is not in the OEM Specifications, the Contractor must provide documentation showing the MSRP for the Option. Any deletion must clearly be shown on the invoice and clearly show cost deduction.

Appears in 57 contracts

Samples: Agreement, Agreement, Agreement

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Option Price. Options, when specified by an Authorized User, shall include any and all labor, installation, fittings, connections, etc., that might be needed to attach the Option to the Vehicle so that the Option operates to the Option’s full design capabilities; there shall be no additional up-charges, fees, etc., for adding OEM Options. The MSRP for Options shall be included in the Base Vehicle MSRP, and be discounted in accordance with the NYS Vehicle Discount. Offers of pricing greater than MSRP in a Mini-Bid shall result in rejection of the bid. When a standard Vehicle Option is being deleted, the Contractor must give the Authorized User proof of the MSRP for the Option, as shown in the OEM Specifications. If the Option is not in the OEM Specifications, the Contractor must provide documentation showing the MSRP for the Option. Any deletion must clearly be shown on the invoice and clearly show cost deduction.

Appears in 1 contract

Samples: Agreement

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