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Some contracts have a clause in them where it enables a price to be adjusted in them. So sometimes thats based on some predetermined metric, like the contract increases by 5% every year or $100,000 every year. And sometimes it just enables one party, like the vendor, to increase the price with some kind of notice to the seller. Or maybe the seller has some ability to object. These types of provisions arent in every single contract. Frequently, buyers donamp;#39;t love them because theyamp;#39;d rather have a predictable and low price. But sellers do like them because things change and sometimes youve got to reflect that. But they can be pretty important, especially in a time like now when prices are going up. It can be a pretty helpful way for vendors to protect themselves for situations like this. So there are these price adjustment clauses. To find them in contracts, youve got to read the contracts and they could be in different places in the contract, they could be in the pric
