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<br />Spec #03- 027 <br /> <br />9.0 <br /> <br />PRICE PROPOSAL <br /> <br />Proposers shall provide monthly and fiscal year pricing, using the attached Cost Summary Form, <br />for janitorial maintenance services. Proposers shall submit all pricing separate from the other <br /> <br />elements of their proposal and they should be properlv sealed. (Note: The City accepts only <br />F.O.B. Destination Santa Ana, California). <br /> <br />10.0 <br /> <br />ESCALATION CLAUSE <br /> <br />The City requires bonafide proof of cost increases prior to any price escalation adjustment, <br />including any state mandated minimum wage increases. A minimum thirty (30) days advance <br />notice in writing is required to secure such adjustments. No retroactive pricing adjustments shall <br /> <br />be considered. The City shall enforce, adjust, or cancel escalating price agreements as it sees fit. <br />The net dollar amount of profit shall remain firm during the period of this agreement. <br />Adjustments increasing the proposers profit shall not be allowed. <br /> <br />Page 30 of 49 <br />