|
I have a contract with the State of Texas to supply instrumentation. Two companies combined, and the discount structure changed. When I signed the contract, I submitted our cost to the state and showed our markup, so that if something like this happened, we could put the increase in the contract.
I submitted the new pricing, and they said I was only able to raise prices at the inflation rate. So explained what happened. They asked for me to submit the information about the changes. I did. Yesterday they said they were removing most of those items from the contract.
I reallly don't care, since this was supposed to be a $300K/yr contract and it has been more like $15-20K.
Oh, and what this really means is they are going to go out for bid on these items, and I expect I'll get them back, with my new pricing.
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
|