Common use of Price Increase/Decreases Clause in Contracts

Price Increase/Decreases. Overhead and Profit percentages must remain unchanged for the life of the contract. Loaded Labor rates may only be adjusted once per year on April 1 for the term of the contract. Annual adjustments to labor and benefits will be limited to:

Appears in 2 contracts

Sources: Custodial Services, Custodial Services Contract