Common use of Escalation Clause Clause in Contracts

Escalation Clause. The annual pricing increases will be calculated using the Consumer Price Index as published by the US Department of Labor – Bureau of Labor Statistics schedule of the South Urban Region. Any resulting increase will be effective on July 1 each year of the contract based on the previous December annual percentage. No annual adjustment shall be less than three percent (3%) or more than five percent (5%).

Appears in 1 contract

Sources: Transportation Services Agreement

Escalation Clause. The annual pricing increases will be calculated using the Consumer Price Index as published by the US Department of Labor – Bureau of Labor Statistics schedule of the South Urban Region. Any resulting increase increase/decrease will be effective on July 1 each year of the contract based on the previous December annual percentage. No annual adjustment shall be less than three percent (3%) or more than exceed five percent (5%).

Appears in 1 contract

Sources: Transportation Services Agreement

Escalation Clause. The Any annual pricing increases will be calculated using the Consumer Price Index as published by the US Department of Labor – Bureau of Labor Statistics schedule of the South Urban Region. Any resulting increase increase/decrease will be effective on July 1 each year of the contract Contract based on the previous December annual percentage. No annual adjustment shall be less than three percent (3%) or more than exceed five percent (5%).

Appears in 1 contract

Sources: Contract for Hvac Filter Replacement Services