Meeting/Event Information


September 14, 2017- Reno Dinner Meeting - "Pricing Adjustments" - Jim Haining, CPSM, CPSD, C.P.M., A.P.P.

September 14, 2017
5:30 PM to 7:00 PM
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Washoe County School District - Purchasing Dept
14101 Old Virginia Rd.
Reno, NV 89521

"Price Adjustments:  How To Use the Bureau of Labor Statistics Website to Calculate Your Price Adjustment"

Presented by: Jim Haining, CPSM, CPSD, C.P.M., A.P.P., MBA, Purchasing Manager, Las Vegas Valley Water District

Want the best prices in your contracts from Day One? 

Confused by price indexes and which one to use?

Are requested price increases fair and reasonable?

Missing out on cost savings opportunities by not asking for price decreases? 

Don’t understand how to use the U.S. Bureau of Labor Statistics’ website? 

Want to take the control of price increases from the supplier?  

Get these questions answered and more during this Price Indexing workshop. Learn and understand:

  • The difference between the most common price indexes tracked by the Bureau of Labor Statistics (BLS)
  • How to choose the right index for your contract
  • How to develop the best price escalation / de-escalation language for your contract
  • The formula used to figure the percentage change in prices
  • How to use the BLS website to easily verify and calculate the percentage change in prices for the most common indices

This seminar and techniques will provide you with the knowledge to become more effective and efficient during contract development and administration.   Sample price adjustment language will be provided to help you develop your own contract language along with easy to follow instructions to determine index changes using the BLS website.

Jim Haining, MBA, CPSM, CPSD, C.P.M., A.P.P. has over 30 years experience in Supply Management in both public and private sector organizations. He is employed by Las Vegas Valley Water District in Las Vegas, Nevada. Former employers include Clark County Nevada, Sierra Pacific Power Company, and Sprint. 

Jim has been a workshop presenter for several years at the ISM International Supply Management Conference, ISM Southwest Forum’s Supply Management Conference, and ISM’s Services Conference. Jim received his BS from Brigham Young University and MBA from the University of Phoenix. Jim was one of the first supply management professionals to receive ISM’s Certified Professional in Supply Management and Certified Professional in Supplier Diversity designations. He holds a Lifetime C.P.M. and A.P.P. designation. 

Jim has been very involved in ISM and its affiliates since 1989. Jim has served on ISM Board of Directors and ISM Affiliate Support Council.

1 Continuing Education Hours


$10.00 Member

$15.00 Guest