Force Majeure and Pricing Language FINAL.docx

The document outlines the price structure, price review process, other contract requirements, and force majeure provisions for a contract between LRWRA and a vendor. It specifies that vendors must notify LRWRA if they cannot meet contractual requirements due to pricing issues, and LRWRA may consider adjustments. LRWRA can terminate the contract if the price structure is unworkable or unreasonable. LRWRA has the right to review and approve/disapprove price increases based on market evidence. Price changes must remain firm for at least 6 months if authorized. The document also addresses non-price related contract accommodations, force majeure occurrences, and LRWRA's right to make equitable adjustments in extreme market conditions. It details the conditions and consequences of force majeure events, including LRWRA's options in case of vendor delays. The document emphasizes that vendors are not entitled to adjustments caused by them or their subcontractors.