PRO-407 Pricing and Discounts

Section

​Title

​Effective

​Replaces

​CONTRACT ADMINISTRATION AND TRANSACTIONS ​PRICING AND DISCOUNTS 9/16/19 ​PRO-E-14
(11-1-88)

 

SCOPE: 

    The purpose of this policy is to establish conditions under which supplier price changes may be allowed, and procedure for accepting discounts.

POLICY: 

    Prices established in a continuing contract to provide goods or services over a period of time may be lowered due to general market conditions, but prices will not be subject to increase for 90 calendar days from the date of award (or later, if provided by the terms of the contract).

    The State Bureau of Procurement or the agency with transaction authority may accept, negotiate, or reject any proposed price increase. 

    The State of Wisconsin qualifies for governmental discounts and its educational institutions also qualify for educational discounts. Unit prices will reflect these discounts. Prices may be lower than U.S. government contract prices since states are exempt from the most-favored customer clause in GSA contracts.

 

Click below for full policy document:

PRO-407 Pricing and Discounts