Regulation for the Implementation of Inter-entity Supply Contracts Article 9

The Contract shall state explicitly that the contracting entity may negotiate with the supplier for amending the Contract if the supplier, during the available time period for placing orders of the Contract, offers any person the subject of the Contract by more favorable price or condition.Where the supplier refuses to lower the price without reasonable cause, the contracting entity may terminate the Contract.When a contracting entity discovers that the market price declines significantly during the available time period for placing orders of the Contract, the entity shall check the price of the subject provided by the suppliers and take action pursuant to the preceding paragraph.Where an applicable entity discovers that the contract price is higher than the market price, the entity shall not make use of the Contract to conduct procurement and shall notify the contracting entity.Other entities shall, prior to using the Contract to conduct procurement, undertake a survey of market price of the subject that meets its requirement in general market. If the results of survey reveal that the price of the subject in the Contract is higher than the market price, the entity shall not use the Contract to conduct procurement.Where conducting a procurement in accordance with the Contract, an entity may, under various range of quantity or value prescribed in the Contract, take into account the quantity or value of the order, or the terms and conditions otherwise specified in the Contract to request the supplier to offer a more favorable price or terms and conditions.