5-22-20-1. Policies or Rules for Inclusion of Clauses or Contract Provisions

Sec. 1. A governmental body may establish policies or adopt rules permitting or requiring any of the following: (1) The inclusion of clauses providing for adjustments in prices or time of performance. (2) The inclusion of contract provisions dealing with either of the following: (A) The unilateral right of the governmental body to order, in […]

5-22-20-2. Adjustments in Price; Computation

Sec. 2. Adjustments in price under clauses established under section 1 of this chapter must be computed in one (1) or more of the following ways: (1) By agreement on a fixed price adjustment before the beginning of the pertinent performance or as soon after the beginning of the performance as practicable. (2) By unit […]