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Common use of Cost Reporting Clause in Contracts

Cost Reporting. With respect to sales made in the United States, the buyer acknowledges that it is required by Law to disclose, in any cost reports or claims for reimbursement submitted to Medicare, Medicaid, or certain other health care programs, the cost (including, but not limited to, any discounts, rebates or other price concessions) of any Products and on request, provide to the U.S. Department of Health and Human Services and any state agencies any invoices, coupons, statements, and other documentation reflecting such costs. The buyer may receive subsequent documentation under some programs reflecting adjustments or allocations to the price available hereunder. In preparing any cost reports, the buyer may be required to evaluate as a discount the value of any product listed as $0.00 on any invoice. The buyer should not include as a discount for cost-reporting purposes the value of any item that is designated as a sample or that the buyer knows constitutes a sample, and it should not seek reimbursement for any such items. The seller recommends that the buyer retain a copy of this invoice and any other documentation provided by the seller regarding any price concessions under this invoice. The buyer may request additional information from the seller to meet the buyer’s reporting or disclosure obligations, by writing to the address on the reverse side. With respect to sales made in any jurisdiction outside of the United States, the buyer acknowledges that it may be required to make equivalent disclosures under the Law of such jurisdiction, and shall make any such required disclosures.

Appears in 3 contracts

Samples: Terms of Sale, Terms of Sale, Terms of Sale

Cost Reporting. With respect to sales made in the United States, the buyer The Buyer acknowledges that it is may be required by Law law to disclose, in any cost reports or claims for reimbursement submitted to Medicare, Medicaid, or certain other health care programs, the cost (including, but not limited to, any discounts, later rebates or other price concessions) of any Products Product covered by this invoice and on request, provide to the U.S. Department of Health and Human Services and any state agencies any invoices, coupons, statements, and other documentation reflecting such costs. The buyer Buyer may receive subsequent documentation under some programs reflecting adjustments or allocations to the price available hereunder. In preparing any cost reports, the buyer Buyer may be required to evaluate as a discount the value of any product Product listed as $0.00 on any invoice. The buyer Buyer should not include as a discount for cost-reporting purposes the value of any item that is designated as a sample or that the buyer Buyer knows constitutes a sample, and it should not seek reimbursement for any such items. The seller PATRIOT recommends that the buyer Buyer retain a copy of this invoice and any other documentation provided by the seller either PATRIOT or JOM regarding any price concessions under this invoice. The buyer Buyer may request additional information from the seller either PATRIOT or JOM to meet the buyerBuyer’s reporting or disclosure obligations, by writing to the address on the reverse side. With respect to sales made in any jurisdiction outside of the United States, the buyer acknowledges that it may be required to make equivalent disclosures under the Law of such jurisdiction, and shall make any such required disclosures.

Appears in 2 contracts

Samples: Invoice Terms of Sale, Terms of Sale

Cost Reporting. With respect to sales made in the United States, the buyer acknowledges that it is required by Law to disclose, in any cost reports or claims for reimbursement submitted to Medicare, Medicaid, or certain other health care programs, the cost (including, but not limited to, any discounts, rebates or other price concessions) of any Products and on request, provide to the U.S. Department of Health and Human Services and any state agencies any invoices, coupons, statements, and other documentation reflecting such costs. The buyer may receive subsequent documentation under some programs reflecting adjustments or allocations to the price available hereunder. In preparing any cost reports, the buyer may be required to evaluate as a discount the value of any product listed as $0.00 on any invoice. The buyer should not include as a discount for cost-cost- reporting purposes the value of any item that is designated as a sample or that the buyer knows constitutes a sample, and it should not seek reimbursement for any such items. The seller recommends that the buyer retain a copy of this invoice and any other documentation provided by the seller regarding any price concessions under this invoice. The buyer may request additional information from the seller to meet the buyer’s reporting or disclosure obligations, by writing to the address on the reverse side. With respect to sales made in any jurisdiction outside of the United States, the buyer acknowledges that it may be required to make equivalent disclosures under the Law of such jurisdiction, and shall make any such required disclosures.

Appears in 1 contract

Samples: Terms of Sale

Cost Reporting. With respect to sales made in the United States, the buyer The Buyer acknowledges that it is may be required by Law law to disclose, in any cost reports or claims for reimbursement submitted to Medicare, Medicaid, or certain other health care programs, the cost (including, but not limited to, any discounts, later rebates or other price concessions) of any Products Product covered by this invoice and on request, provide to the U.S. Department of Health and Human Services and any state agencies any invoices, coupons, statements, and other documentation reflecting such costs. The buyer Buyer may receive subsequent documentation under some programs reflecting adjustments or allocations to the price available hereunder. In preparing any cost reports, the buyer Buyer may be required to evaluate as a discount the value of any product Product listed as $0.00 on any invoice. The buyer Buyer should not include as a discount for cost-reporting purposes the value of any item that is designated as a sample or that the buyer Buyer knows constitutes a sample, and it should not seek reimbursement for any such items. The seller XXX recommends that the buyer Buyer retain a copy of this invoice and any other documentation provided by the seller JOM regarding any price concessions under this invoice. The buyer Buyer may request additional information from the seller JOM to meet the buyerBuyer’s reporting or disclosure obligations, by writing to the address on the reverse side. With respect to sales made in any jurisdiction outside of the United States, the buyer acknowledges that it may be required to make equivalent disclosures under the Law of such jurisdiction, and shall make any such required disclosures.

Appears in 1 contract

Samples: Invoice Terms of Sale