Current through Register Vol. XLI, No. 50, December 13, 2024
Section 186-1-4 - Pricing guidelines established by the Committee4.1. The guidelines are as follows: 4.1.a. The prices included in the statewide contract are the fair market prices established by the Committee.4.1.b. Unless otherwise provided, fair market prices for commodities include shipping and handling costs charged by private couriers.4.1.c. The fair market price established by the Committee for a service or commodity on the statewide contract remains in effect until a new fair market price is established. In addition to the criteria established in §3.1.c. of these rules, the new fair market price shall be based on (1) any changes in the scope of work or in tasks required by the procuring agency, (2) changes in labor costs, and/or (3) an increase of other costs related to the contract.4.1.d. The fair market price shall apply for the service period determined by the contract. Until a new fair market price has been approved, the qualified vendor must continue to provide the service or commodity in accordance with the scope of work which was the basis for establishing the old fair market price.4.1.e. During the service period, the spending unit and CNA may, by mutual written agreement, make minor modifications in the scope of work and total price of the service, provided the total price adjustment resulting from such modifications during the normal service period does not affect the total fair market price approved by the Committee by more than twenty percent (20%) or two thousand dollars ($2,000) whichever is less. A report of the agreement shall be made to the Committee by the CNA. Changes in scope which result in a change of more than twenty percent (20%) or two thousand dollars ($2,000), of the total annual price shall be processed as a price change for approval by the Committee.