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17 Δεκ 2017 · The best way to understand whether or not a renewal increase is justified is to look at the three-year price history, three-year price forecast, and key price drivers. This information will give you an accurate look at the pricing environment for a particular product or service.
The Contractor may be granted an increase in their not-to-exceed hourly rates, dependent upon fluctuations in CPI-U (Consumer Price Index – All Urban Consumers), as published by the U.S. Department of Labor, Bureau of Labor Statistics, Washington, D.C. 20212.
12 Ιαν 2023 · A price adjustment clause (sometimes referred to as a price escalation clause) is a contractual provision that establishes rules for adjusting the contract price in response to one or more triggering events.
Price Increase. When the ratio SI/ SB is calculated to be greater than 1.05, the Contractor will receive a price increase, for applicable steel material having an invoice date that falls within the month for which the SI index price was posted, to be determined in accordance with the following formula: P.I. = (SI / SB - 1.05) (SB) (ST) where:
18 Απρ 2024 · We’ll show you how to announce a price increase successfully by doing it in a clear, empathetic, and, above all, strategically sound way. We’ll cover: Why and how you should let your customer know in advance. How to communicate price changes directly. How to explain the why behind price changes.
12 Ιαν 2023 · In this insight, we consider some of the rights that customers may have to mitigate the risk of price increases in commercial contracts. Price adjustment clauses are becoming a key focus for many organisations. High levels of inflation and increased costs (including fuel, raw materials and logistics costs) mean that suppliers’ margins are ...
