ADJUSTMENT OF CONTRACT CHARGES Sample Clauses
The Adjustment of Contract Charges clause defines the conditions and procedures under which the agreed-upon prices or fees in a contract may be modified during its term. Typically, this clause outlines specific triggers for adjustments, such as changes in the scope of work, fluctuations in material costs, or regulatory changes that impact expenses. By establishing a clear mechanism for revising charges, the clause helps both parties manage financial risk and maintain fairness if circumstances affecting costs change after the contract is signed.
ADJUSTMENT OF CONTRACT CHARGES. 6.1 The Contract Charges shall only be varied:
6.1.1 due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 13.1 to 13.2 of this Contract (Legislative Change); or
6.1.2 and/ or in accordance with DMP Schedule 3 (DMP Prices and Charging structure), Part A Pricing Matrix Quarterly Adjustment Schedule.
ADJUSTMENT OF CONTRACT CHARGES. The Contract Charges shall only be varied: due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 13.1 to 13.2 of this Contract (Legislative Change); or and/ or in accordance with DMP Schedule 3 (DMP Prices and Charging structure), Part A Pricing Matrix Quarterly Adjustment Schedule. ANNEX 1: CONTRACT CHARGES The contract Charges are as set out in the Contract Order Form. Where applicable, ESFA funding rules and funding bands apply. ANNEX 2: PAYMENT TERMS/PROFILE Payment by the customer to be made in accordance with the applicable and in force ESFA funding rules. Where the Contract Charges exceed the ESFA funding bands and the Customer is required to make additional payment (as set out in the Contract Order Form)_the Supplier will issue a monthly invoice, detailing spend and costs incurred to date. Payments in addition to the ESFA funding (for the provision of additional services) will be settled up front and within the first month of the Contract. Each monthly invoice will contain the following: The precise amount the Supplier has drawn down from the Customer’s ESFA apprenticeship service account for that month and cumulatively. Any balance outstanding (representing fees in excess of the ESFA funding band and costs of any additional services). Order and contract reference details. CONTRACT SCHEDULE 4: SECURITY In this Contract Schedule 4, the following definitions shall apply:
ADJUSTMENT OF CONTRACT CHARGES. The Contract Charges shall only be varied: due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 22.2 of this Contract (Legislative Change); NOT USED where all or part of the Contract Charges are reduced as a result of a review of the Contract Charges in accordance with Clause 18 of this Contract (Continuous Improvement); where all or part of the Contract Charges are reduced as a result of a review of Contract Charges in accordance with Clause 25 of this Contract (Benchmarking); where all or part of the Contract Charges are reviewed and reduced in accordance with paragraph 9 of this Contract Schedule 3; where a review and increase of Contract Charges is requested by the Supplier and Approved, in accordance with the provisions of paragraph 10 of this Contract Schedule 3; or where Contract Charges or any component amounts or sums thereof are expressed in this Contract Schedule 3 as “subject to increase by way of Indexation”, in accordance with the provisions in paragraph 11 of this Contract Schedule 3. Subject to paragraphs 8.1.1 to 8.1.5 of this Contract Schedule 3, the Contract Charges will remain fixed for the number of Contract Years specified in the Contract Order Form.
ADJUSTMENT OF CONTRACT CHARGES. The Contract Charges shall only be varied:
ADJUSTMENT OF CONTRACT CHARGES. 7.1 The Contract Charges shall only be varied:
7.1.1 due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 16.2 of this Contract (Legislative Change);
7.1.2 where all or part of the Contract Charges are reduced as a result of a review of the Contract Charges in accordance with Clause 13 of this Contract (Continuous Improvement);
7.1.3 where all or part of the Contract Charges are reduced as a result of a review of Contract Charges in accordance with Clause 19 of this Contract (Benchmarking); or
7.1.4 where the Parties agree to a change in the Contract Charges in accordance with Clause 16.1 (Variation Procedure) of this Contract.
ADJUSTMENT OF CONTRACT CHARGES. The Contract Charges shall only be varied: due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 13.1 to 13.2 of this Contract (Legislative Change); or and/ or in accordance with DMP Schedule 3 (DMP Prices and Charging structure), Part A Pricing Matrix Quarterly Adjustment Schedule. ANNEX 1: CONTRACT CHARGES The contract Charges are as set out in the Contract Order Form. Where applicable, ESFA funding rules and funding bands apply. Payment by the customer to be made in accordance with the applicable and in force ESFA funding rules. Where the Contract Charges exceed the ESFA funding bands and the Customer is required to make additional payment (as set out in the Contract Order Form)_the Supplier will issue a monthly invoice, detailing spend and costs incurred to date. Payments in addition to the ESFA funding (for the provision of additional services) will be settled up front and within the first month of the Contract. Each monthly invoice will contain the following: The precise amount the Supplier has drawn down from the Customer’s ESFA apprenticeship service account for that month and cumulatively. Any balance outstanding (representing fees in excess of the ESFA funding band and costs of any additional services). Order and contract reference details.
ADJUSTMENT OF CONTRACT CHARGES. 2.1 The Contract Charges shall only be varied:
2.1.1 due to a specific change in Law in relation to which the Parties agrees that a change is required to all of part of the Contract Charges in accordance with Clause 11.4 of the DPS Agreement, or
2.1.2 where a review of the Contract Charges is agreed by the Parties, in accordance with the provisions of Section 4 of this Contract Schedule 6.
ADJUSTMENT OF CONTRACT CHARGES. 6.1 The Contract Charges shall only be varied:
6.1.1 due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 13.1 to 13.2 of this Contract (Legislative Change); or
6.1.2 and/ or in accordance with DMP Schedule 3 (DMP Prices and Charging structure), Part A Pricing Matrix Quarterly Adjustment Schedule.
1. Payment by the customer to be made in accordance with the applicable and in force ESFA funding rules.
2. Where the Contract Charges exceed the ESFA funding bands and the Customer is required to make additional payment (as set out in the Contract Order Form)_the Supplier will issue a monthly invoice, detailing spend and costs incurred to date.
3. Payments in addition to the ESFA funding (for the provision of additional services) will be settled up front and within the first month of the Contract.
4. Each monthly invoice will contain the following:
a. The precise amount the Supplier has drawn down from the Customer’s ESFA apprenticeship service account for that month and cumulatively.
b. Any balance outstanding (representing fees in excess of the ESFA funding band and costs of any additional services).
c. Order and contract reference details.
ADJUSTMENT OF CONTRACT CHARGES. 6.1 The Contract Charges shall only be varied:
6.1.1 due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 16.2 of this Contract (Legislative Change); DH CRNCC Contract (Schedule 3 – Charges, Payment and Invoicing)
6.1.2 where all or part of the Contract Charges are reduced as a result of a review of the Contract Charges in accordance with Clause 13 of this Contract (Continuous Improvement); or
6.1.3 where all or part of the Contract Charges are reduced as a result of a review of Contract Charges in accordance with Clause 19 of this Contract (Benchmarking).
ADJUSTMENT OF CONTRACT CHARGES. 11.1 Prior to the Implementation Services Start Date, the Contract Charges shall only be varied:
11.1.1 due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 17.2 of this Contract (Legislative Change);
11.1.2 where all or part of the Contract Charges are reduced as a result of a review of the Contract Charges in accordance with Clause 13 of this Contract (Continuous Improvement);
11.1.3 where all or part of the Contract Charges are reduced as a result of a review of Contract Charges in accordance with Clause 20 of this Contract (Benchmarking);
11.1.4 where all or part of the Contract Charges are reviewed and reduced in accordance with paragraph 12 of this Schedule 3;
11.2 On or after the Implementation Services Start Date, the Contract Charges shall only be varied:
11.2.1 in accordance with paragraphs 11.1.1 to 11.1.4 of this Schedule 3; or
11.2.2 where the Authority is satisfied that:
(a) upon receipt of evidence provided by the Supplier and any other relevant evidence that the Authority may request, that one or more of the Deviation Factors outlined in Schedule 20 (Tender) has arisen or is relevant; and
(b) upon receipt of all the evidence provided by the Supplier, that the amount of the adjustment proposed by the Supplier is justified in light of the identified Deviation Factor(s) and the Supplier’s explanation about the application of the same on the Implementation Services Provided that in no event shall the Contract Charges exceed the maximum rates set out in the appropriate rate card unless written consent is given by the Authority in advance of any such charges being accrued.
11.3 Subject to paragraphs 11.1.1 to 11.1.4 of this Schedule 3, the Contract Charges shall remain fixed from the Commencement Date until the expiry of the Initial Period.