Common use of PPI Price Adjustment Clause in Contracts

PPI Price Adjustment. Each September 15th during the Contract term, beginning September 15, 2016, the Base Item Unit Prices and Optional Equipment Unit Prices shall be updated in accordance with the Producer Price Index (PPI) indicated below in Paragraph 1

Appears in 5 contracts

Sources: Contract for Transit Buses, Contract for the Acquisition of Buses, Contract for Transit Buses