Common use of Pricing Terms Clause in Contracts

Pricing Terms. Prices under this BPA shall not escalate, and Attachment A is not subject to upward adjustment during the term of the BPA. The price(s) under this BPA will be reviewed, as required or as determined necessary, to determine whether a reduction is appropriate in accordance with the price reduction provisions of this agreement. Prices under this BPA shall include the GSA Industrial Funding Fee (IFF) in accordance with the underlying FSS Contract Clause GSAR 552.238-74 Industrial Funding Fee and Sales Reporting. No additional Acquisition, Contracting, and Technical (ACT) or Program Funding fees are being imposed under this BPA. Prices may be voluntarily reduced at any time and additional spot discounting is encouraged. The Contractor is not required to pass on to all BPA users an additional price reduction extended only to an individual order or orders under this BPA.