Common use of Contract Re-opener Clause in Contracts

Contract Re-opener. In the event that the provisions of the ▇▇▇▇▇-▇▇▇▇▇ Act, 40 U.S.C. 276 (A) and/or the provisions of the State of Illinois Prevailing Wage Act, 820 ILCS 130 et seq. are repealed or substantially modified in a manner which adversely affects the ability of signatory Employers to compete for State or Federal work, the parties to this Agreement agree to immediately reopen the agreement and negotiate appropriate changes in terms and conditions of employment to maintain contractor competitiveness for such work. In the event no agreement is reached after sixty (60) days of the commencement of such negotiations, then either party may resort to self-help, including but not limited to strikes, lockouts, and unilateral implementation.

Contract Re-opener. In the event that the provisions of the ▇▇▇▇▇-▇▇▇▇▇ Act, 40 U.S.C. 276 (A5276(a) and/or the provisions of the State of Illinois Prevailing Wage Act, 820 ILCS §130 et seq. ., are repealed or substantially modified in a manner which adversely affects the ability of signatory Employers to compete for State or Federal work, the parties to this Agreement agree to immediately reopen the agreement Agreement and negotiate appropriate changes in terms and conditions of employment to maintain contractor competitiveness for such work. In the event no agreement is reached after sixty (60) days of the commencement of such negotiations, then either party may resort to self-help, including but not limited to strikes, lockouts, and unilateral implementationthe contract shall end.