Above-50-percent Vendors Sample Clauses

Above-50-percent Vendors. The Arkansas WIC Program will not approve applicants whose expected WIC sales will be above 50-percent of their expected total food sales or current vendors seeking reauthorization whose actual WIC sales were above 50- percent of their total food sales at any time during the previous calendar year. The Vendor Participation Agreement of current vendors found to have WIC sales above the 50-percent criterion at any time during the agreement period will be terminated for cause. At six months, and then on an annual basis, the WIC Program will review each vendor’s monthly SNAP sales (as presented in the STARS system) and monthly WIC sales (as presented in the WIC Program’s management information system or WIC Program’s bank) to assess for potential above-50-percent status, Vendors identified as having monthly SNAP sales that exceed their monthly WIC sales at any time will be required to submit additional information in the form of sales tax records (certified copy of Arkansas Excise Tax Return – ET-1 Form) by the 15th of each month for the prior month to assist in verification of regular vendor status. This verification will continue monthly until the vendor’s monthly SNAP sales have been documented for twelve consecutive months as having exceeded monthly WIC sales.
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Related to Above-50-percent Vendors

  • Vendor's Years in Business How many years has the business submitting this proposal been operating in its current capacity and field of work?

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