Common use of Price Quotes Clause in Contracts

Price Quotes. The Contractor prepares and submits to the Customer a price quote for the requested Vehicle(s) using the Exhibit E, Price Quote Form (PQF). All requested Representative Model(s), OEM Options and OEM Options Discount(s), Identified Aftermarket Options and Non-Identified Aftermarket Options shall be itemized on the PQF, along with the applicable pricing information. Non-Identified Aftermarket Options shall be listed separately and include brand and model information, along with labor charges and installation charges listed separately. Pricing for Customer orders of Non-Identified Aftermarket Options not procured shall not exceed the current MSRP at the time of verification by the Department. The price quoted for the Representative Model(s) and OEM Options, OEM Options Discount, Identified Aftermarket Options and Required Aftermarket Options shall not exceed the current Contract’s prices and discounts. Any charges and fees extended to the Customer, if allowable in accordance with the Charges and Fees section of the Scope of Work, must be listed separately on the PQF. The PQF shall be completed by the Contractor and returned to the Customer within two Business Days of the Contractor’s receipt of the Customer’s quote request. The PQF must be accompanied by an MSRP List that includes all Commodities listed on the PQF, as well as documentation and justification for any charges and fees extended to the Customer (if applicable). The Contractor shall be responsible for removing all non-eligible and unacceptable Commodities, charges, and fees under the Contract from the PQF. Customers are encouraged to seek more than one quote from the identified awarded Contractors, where available. Customers may negotiate with the Contractor to establish a lower price through a greater discount percentage off MSRP or a reduction in charges and fees (if applicable). The Contract is amended to replace Section 25, Price Adjustment, of the Scope of Work in its entirety with the following: