Price Adjustment - Butter

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Item Information

Revision History

Date Status ID Title
2019-05-30 Active M3602C Price Adjustment - Butter (2019-05-30) M3602C

Remarks – Recommended Use of SACC Item

Use the following clause in standing offers for the purchase of butter when prices are subject to adjustment in accordance with any increase or decrease established by the Canadian Dairy Commission.

Legal text for SACC item

The prices detailed in the Standing Offer are subject to upward or downward adjustment to allow for any increase or decrease in the support prices for butter established by the Canadian Dairy Commission. A copy of the Offeror’s notification of price increase or decrease from the Canadian Dairy Commission must be provided to the Standing Offer Authority.

At the Offeror’s request, the Standing Offer will be revised to reflect the actual price of the increase or decrease, and will be evidenced, for administrative purposes only, through a revision to the standing offer completed by the Standing Offer Authority. The Offeror must not invoice at prices other than those specified in the Standing Offer.