Price not updating based on Contract Term when using 'Standard Attribute-Based Adjustments' with the 'Override' adjustment type?

Hi, 

I'm trying to adjust prices using 'Standard Attribute-Based Adjustments' with the adjustment type set to 'Override.' The expectation is that the price should update based on the 'Contract Term' attribute whenever its value changes, following the defined adjustments. 

Note: I also tried applying discounts using 'Percentage' and 'Amount' adjustment types, but neither worked. 

I've assigned a rule to the below adjustment with a condition(contract term as 6) 

Its a revenue cloud enabled developer edition org created referring the below link: https://cpqdevelopers.com/free-revenue-cloud-trial