Common use of Administrative Fee and Quarterly Usage Report Clause in Contracts

Administrative Fee and Quarterly Usage Report. The prices to be paid by the Ordering Entities shall be inclusive of a one percent (1%) Administrative Fee. This additional percentage represents the Ordering Entity’s contract usage administrative fee. On a quarterly basis, Contractor will remit to State Department of Education, 000 X. Xxxxx Xxxxxx, 0xx Xxxxx, Xxxxx, XX 00000, an amount equal to one percent (1%) of Contractor’s net (sales minus credits) quarterly Contract sales. Contractor will furnish Quarterly Sales Reports substantially in the format provided under the NASPO Master Agreement. At a minimum, the Quarterly Sales Reports must identify each Idaho Ordering Entity (along with xxxx to/ship to addresses), date of order, quantity, item description, invoice price. Contractor will submit such Quarterly Sales Reports as shown below. These reports are due 30 days after the end of the quarter: January - March April 30 April - June July 31 July - September October 31 October - December January 31 E-mail your completed Quarterly Sales Reports to xxxxxxxxxxx@xxx.xxxxx.xxx with a copy to the Division of Purchasing at xxxxxxxxxx@xxx.xxxxx.xxx. Mail your check, in the amount of the Quarterly Administrative Fee, to: 000 X. Xxxxx Xxxxxx, 0xx Xxxxx, Xxxxx, XX 00000.