Skip to Content


HOUSE DOCKET, NO. 514         FILED ON: 1/11/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2782

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Antonio F. D. Cabral

_______________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to price adjustment..

_______________

PETITION OF:

 

Name:

District/Address:

Antonio F. D. Cabral

13th Bristol


HOUSE DOCKET, NO. 514        FILED ON: 1/11/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2782

By Mr. Cabral of New Bedford, a petition (accompanied by bill, House, No. 2782) of Antonio F. D. Cabral for legislation to include a price adjustment clause in state awarded contracts.  State Administration and Regulatory Oversight. 

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 822 OF 2011-2012.]


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to price adjustment..
 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              Section 39O of chapter 30, as appearing in the 2010 official edition, is hereby amended by adding the following paragraph at the end thereof:

              Notwithstanding any general or special law to the contrary, contracts awarded as a result of proposals or invitation for bids issued under sections 38A½ to 38O, inclusive, of chapter 7; section 11C of chapter 25A; section 39M of this chapter; and sections 44A to 44H, inclusive, of chapter 149, exceeding $100,000 shall include a price adjustment clause for each of the following: fuel, both diesel and gasoline, asphalt, concrete and steel.  A base price for each material shall be set by the awarding authority or agency and included in the bid documents at the time a project is advertised. The awarding authority or agency shall also identify in the bid documents the price index to be used for each material or supply.  The adjustment clause shall provide for a contract adjustment to be made on a monthly basis when the monthly cost change exceeds +/- 5 per cent.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Error