Common use of Long Term Cost Evaluation Criterion # 4 Clause in Contracts

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which e X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. I agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 1 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question

Appears in 3 contracts

Sources: Vendor Agreement, Vendor Agreement, Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog log prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation supp ntation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except cept when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentationmentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting documentationsupporti n, receive 0 points. increases will be 5% or less annually per question

Appears in 3 contracts

Sources: Vendor Agreement, Vendor Agreement, Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, unless an yea exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation support provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when tha justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. documentati increases will be 5% or less annually per question

Appears in 2 contracts

Sources: Vendor Agreement, Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year fourthe life of the contract, unless an unl exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by supporte documentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when excep justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question

Appears in 2 contracts

Sources: Vendor Agreement, Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog talog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, unless potentiall ess an exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation s cumentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than pr 5%, except when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting justifi ng documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting documentations umentation, receive 0 points. increases will be 5% or less annually per question

Appears in 1 contract

Sources: Purchase Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, unless an exigent yea gent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation provided ovided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified stified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive d ceive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. documentation increases will be 5% or less annually per question

Appears in 1 contract

Sources: Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year fourthe life of the contract, unless an unl exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by supporte documentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when excep justified by supporting documentation, receive 0 points. increases will be 5<10% or less annually per question

Appears in 1 contract

Sources: Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, potent unless an exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting justif documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting sup documentation, receive 0 points. increases will be 5<6% or less annually per question

Appears in 1 contract

Sources: Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in your catalog prices (as defined herein) more than X% annually over the previous year for years two and three and potentially year four, potent unless an exigent circumstance exists in the marketplace and the excess price increase which e exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by just supporting documentation, receive 0 points. increases will be 5% or less annually per question

Appears in 1 contract

Sources: Vendor Agreement

Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not in increase your catalog prices (as defined herein) more than X% annually over the previous year for years two and three thr and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which e whi exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. I If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you y are awarded 1 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Pric Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question

Appears in 1 contract

Sources: Vendor Agreement