Negotiation Skills · glossary

Price notice

Kestrow’s yearly notice under clause 9 of the current contract, raising its prices by no more than inflation. Clause 9.3 then gives Polgarrow a month to leave. So Kestrow never sent one, and its prices have not changed since 2027. 2027 Agreement, clause 9.1 · Chapter 2

Explained in Chapter 2, Interests vs Positions: How to Prepare a Negotiation, of Negotiation Skills.

How it comes up, in Chapter 2
What a side has done can show an interest that its letters leave out. The current contract gives Kestrow a way to raise its prices: a price notice. Clause 9 lets Kestrow send one each year, for a rise no bigger than inflation.
Read Chapter 2, Interests vs Positions: How to Prepare a Negotiation →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one fictional contract renewal, from the first letter to heads of terms, with every document attached and a test after every chapter. Open Negotiation Skills → · All terms A–Z →