SUP 5252.225-9402 Japanese Price Adjustment Procedures (Jan 1992). Insert the following clause in solicitations and contracts for stevedoring services and pilotage services under which the prices/rates are set by Japanese law or regulation. This clause amplifies the mechanics of the revision of prices .. It does not change the basic clause, but establishes a basic negotiation position consistent with Japanese law.

SUP 5252.225-9402 JAPANESE PRICE ADJUSTMENT PROCEDURES (JAN 1992)

• The following price adjustment procedures are applicable to this contract. In the event of conflict between this clause and other clauses of this contract, this clause shall govern. The percentage change in rates under this contract shall conform to the percentage change in applicable tariff rates for like commodities approved by the Minister of Transport, Government of Japan. Where there are no like commodities, the percentage change in rates under this contract shall conform to the average percentage change for all commodities. The effective date of rate changes under this contract shall correspond to the effective date of changes in the applicable tariff rates.