Contract Administrative Fee Sample Clauses

Contract Administrative Fee. ‌ The Contractor shall, on behalf of CALNET CMO, bill and collect an Administrative Fee as determined by CALNET CMO for all services ordered under this Contract. An Administrative Fee on equipment ordered under this Contract may be implemented upon mutual agreement between the State and the Contractor. This Administrative Fee shall be included within the amount charged to those Customers obtaining service from the Contract. The CALNET CMO may consider applying percentages and/or flat rates (or a combination thereof) to services as alternative methods with the final determination made by CALNET CMO. Refer to PMAC General Provisions – Telecommunications, Section 69 (Administrative Fee) for additional requirements. 1. Administrative Fees are not to be included in the Contractor’s final Contract Catalog submission pricing; 2. The Contractor shall incorporate Administrative Fee rates, as identified by CALNET CMO, to all of the Contractor’s services to establish Customer rates within 30 calendar days of Contract Award; 3. Administrative Fees are to be calculated from the Contractor’s final Contract Catalog submission pricing. Service Taxes, Fees, Surcharges, and Surcredits shall not be imposed on the State’s Administrative Fee; 4. The Contractor shall remit an Electronic Fund Transfer (EFT) as payment to the California Department of Technology based on the Administrative Fees billed to Customers. The payment shall be remitted on a quarterly basis at no additional cost to the State, no later than 45 calendar days following the end of the quarter; 5. Notification of remittance of the Administrative Fee EFT shall be submitted to the CALNET CMO via email or other electronic means as directed by the CALNET CMO. Notification shall include the following: a. Contract Number; b. Category; c. Subcategory; d. Contractor Name; e. Date of remittance; f. Amount of Administrative Fee; and, g. Service Month. 6. Additional Administrative Fees instructions will be provided by CALNET CMO within 30 calendar days of Contract Award; and, 7. Adjustments to Administrative Fee monies shall be included and documented as an Adjustment on subsequent reports including those identified in, Management and Oversight Compliance Reports.‌
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Contract Administrative Fee. After completion of the Transition-In phase and for the remaining term of the Contract, an annual Contract Administrative Fee of $200,000 will be payable by the Prime Contractor, in monthly increments of $16,666.66 due on the last day of each month in arrears via wire transfer to cover the State contract management responsibilities and services. The State will provide the Prime Contractor the name and account information for the purpose of receiving these funds. Payments that are late by more than 30 calendar days without prior approval of the State representative will be subject to a financial penalty of one and one-half percent (1.5%) per month of the administration fee payment balance due.
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Contract Administrative Fee. (Payable by Vendor to MMCAP)
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Contract Administrative Fee. The awarded Contractor(s) are required to pay OGS, directly or through an agent, an Administrative Fee in the amount of point seven five percent (0.75%) for all sales generated from this Contract, or any resulting agreement. Payments will be due quarterly in arrears. The due date for each payment will be one (1) month following the end of the quarter. Payments will be due on all sales reported beginning January 1, 2023 and continuing thereafter. This makes the first payment due on or before May 1, 2023 for all sales generated from this Contract between January 1, 2023 and March 31, 2023. Submission details including address and format will be provided in Appendix K – Contractor How To Use document, no less than one (1) month prior to fee start date of January 1, 2023, and OGS reserves the right to partner with a third party to manage sales reports and fee collection and reconciliation. In addition, OGS reserves the right, directly or through an agent, to review sales reports and other such documentation for accuracy of all required reporting documents for both NYS Authorized Users and other parties using this Contract or resulting agreement. As a result of such review, if inaccuracies of more than 5% are found in any of the reporting documents, Contractors shall pay the cost of such audit or three times the discrepancy, whichever is higher. Failure to make such payments or repeated errors on subsequent audits may result in the scheduling of a responsibility meeting in relation to this Contract.
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Related to Contract Administrative Fee

  • DIR Administrative Fee A. The administrative fee to be paid by the Vendor to DIR based on the dollar value of all sales to Customers pursuant to this Contract is three-quarter of one percent (.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $750.00. B. All prices quoted to Customers shall include the administrative fee. DIR reserves the right to change this fee upwards or downwards during the term of this Contract, upon written notice to Vendor without further requirement for a formal contract amendment. Any change in the administrative fee shall be incorporated in the price to the Customer.

  • Administrative Fee The Borrower agrees to pay to the Administrative Agent the annual administrative fee as described in the Fee Letter.

  • Contract Administration The Delegate shall cause that the foreign custody arrangements with an Eligible Foreign Custodian shall be governed by a written contract that the Delegate has determined will provide reasonable care for Fund assets based on the standards applicable to custodians in the relevant market. Each such contract shall, except as set forth in the last paragraph of this subsection (b), include provisions that provide: (i) For indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) That the Fund's Assets will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Eligible Foreign Custodian or its creditors except a claim of payment for their safe custody or administration or, in the case of cash deposits, liens or rights in favor of creditors of such Custodian arising under bankruptcy, insolvency or similar laws; (iii) That beneficial ownership of the Fund's Assets will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) That adequate records will be maintained identifying the Fund's Assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) That the Fund's independent public accountants will be given access to those records described in (iv) above or confirmation of the contents of such records; and (vi) That the Delegate will receive sufficient and timely periodic reports with respect to the safekeeping of the Fund's Assets, including, but not limited to, notification of any transfer to or from the Fund's account or a third party account containing the Fund's Assets. Such contract may contain, in lieu of any or all of the provisions specified in this Section 3(b), such other provisions that the Delegate determines will provide, in their entirety, the same or a greater level of care and protection for the Fund's Assets as the specified provisions, in their entirety.

  • Administrative Fees The Borrower agrees to pay to the Administrative Agent an annual fee as agreed to between the Borrower and the Administrative Agent.

  • CONTRACT ADMINISTRATION & NOTICES Except for legal notices, the parties hereby designate the following contract administrators as the respective single points of contact for purposes of this Master Contract. Enterprise Services’ contract administrator shall provide Master Contract oversight. Contractor’s contract administrator shall be Contractor’s principal contact for business activities under this Master Contract. The parties may change contractor administrators by written notice as set forth below. Any notices required or desired shall be in writing and sent by U.S. mail, postage prepaid, or sent via email, and shall be sent to the respective addressee at the respective address or email address set forth below or to such other address or email address as the parties may specify in writing:

  • Project Administration The Contractor shall provide project administration for all Subcontractors, vendors, suppliers, and others involved in implementing the Work and shall coordinate administration efforts with those of the A/E and ODR in accordance with these Uniform General and Supplementary Conditions and provisions of Division 1 Specifications, and as outlined in the Pre- construction Conference.

  • Contract Administrator The Contract Administrator will monitor and coordinate contract activities on a day-to-day basis.

  • Contract Administrators All notices permitted or required to be given by one Party to the other and all questions about the contract from one Party to the other shall be addressed and delivered to the other Party’s Contract Administrator. The name, post office address, street address, telephone number, fax number, and email address of the Parties’ respective initial Contract Administrators are set out below. Either Party may change the name, post office address, street address, telephone number, fax number, or email address of its Contract Administrator by giving timely written notice to the other Party.

  • Project Administration Designation Pursuant to Paragraph (B) of Rule 164-1-21 of the Administrative Code, the Recipient shall designate its Chief Executive Officer, Chief Fiscal Officer and Project Manager in Appendix B of this Agreement. Changes in these designations must be made in writing.

  • Administrative Support Service Fees Within forty-five (45) days of the end of each calendar quarter, the Fund will make payments in the aggregate amount of 0.0625% (0.25% on an annual basis) of the average during that calendar quarter of the aggregate net asset value of the Shares computed as of the close of each business day (the "Service Fee"). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

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