Price Adjustment Form.doc

The document outlines a Price Adjustment Clause included in an Invitation to Bid to address volatile price items. It specifies that pricing will be firm for an initial period, with potential adjustments based on extreme market volatility beyond the vendor's control. Requests for price adjustments must be in writing, supported by official documentation, and subject to approval before becoming effective. The clause allows for changes in pricing based on various economic indicators and industry circumstances, with the possibility of termination if agreement is not reached.