Requote Clause Samples

A Requote clause allows a party, typically a supplier or service provider, to issue a new price or terms for goods or services if certain conditions change after the original quote was provided. In practice, this clause may be triggered by fluctuations in material costs, changes in project scope, or delays that affect pricing assumptions. Its core function is to provide flexibility and protect parties from unforeseen changes that could make the original quote inaccurate or unfair, ensuring that pricing remains reflective of current circumstances.