PPI Price Adjustment. Each September 15th during the Contract term, beginning September 15, 2020, 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 A, PPI. Contract prices are firm until September 14, 2020. The Price Adjustment Factor Shall be calculated as set forth below in Paragraph B, Formula to Calculate Price Adjustment Factor.
Appears in 3 contracts
Sources: Centralized Contract for the Acquisition of Buses, Centralized Contract for the Acquisition of Buses, Centralized Contract for the Acquisition of Buses