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According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
Price adjustments are also slightly different from price-matching policies. Price matching is the practice of a retailer offering a refund of the difference between their higher price of an item and a competing retailer's lower price for the same item. Price adjustments only compare different prices at the same retailer over time.
A notice of proposed rulemaking (NPRM) is a public notice that is issued by law when a U.S. federal agency wishes to add, remove, or change a rule or regulation as part of the rulemaking process. The notice is an important part of US administrative law, which facilitates government by typically creating a process of taking of public comment.
The rule provided that upon acquiring 30% of the outstanding common stock of the target, the acquirer must make a bid for all remaining outstanding shares within 45 working days, at a price which at least matches the highest price paid by the acquirer in the past year for the shares it already holds, as well as the average market price of the ...
Change Order: [4] Written order to a contractor that is signed by the owner and the architect and is issued after the execution of a contract. The change order authorizes a change in the work or an adjustment in the contract sum>. A change order may add to, subtract from, or vary the scope of work.
An equitable adjustment, in government contracting, is a contract adjustment pursuant to a changes clause, to compensate the contractor expense incurred due to actions of the Government or to compensate the Government for contract reductions. An equitable adjustment includes an allowance for profit; clauses that provide for adjustments ...
A Purchase Price Adjustment is not included as gross income under the U.S. tax code. [2] The adjustment between the parties is merely re-setting the amount of the purchase price. Additionally, the price adjustment has to exist between the seller and the buyer (no third parties can be involved). [3]
A simple model for price adjustment is the Evans price adjustment model, which proposes the differential equation: d P d t = k ( Q D − Q S ) , {\displaystyle {\frac {dP}{dt}}=k(QD-QS),} This says that the rate of change of the price (P) is proportional to the difference between the quantity demanded (QD) and the quantity supplied (QS).