Common use of Cost Thresholds Clause in Contracts

Cost Thresholds. At least eighty percent (80%) of the costs invoiced to the SFA must be used to purchase produce. Costs invoiced must meet this minimum threshold. Reporting: FSMC will need to provide detailed statement of the following costs: • Produce costs • Non-produce food costs (example: low fat or fat free dips)

Appears in 2 contracts

Samples: Fixed Price Food Service, Fixed Price Food Service

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Cost Thresholds. At least eighty percent (80%) of the costs invoiced to the SFA must be used to purchase produce. Costs invoiced must meet this minimum threshold. Reporting: FSMC will need to provide detailed statement of the following costs: Produce costs Non-produce food costs (example: low fat or fat free dips)) Costs Incurred:

Appears in 2 contracts

Samples: Fixed Price Food Service Management Company Contract, Fixed Price Food Service Management Company Contract

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Cost Thresholds. At least eighty percent (80%) of the costs invoiced to the SFA must be used to purchase produce. Costs invoiced must meet this minimum threshold. Reporting: FSMC will need to provide detailed statement of the following costs: • Produce costs • Non-produce food costs (example: low fat or fat free dips):

Appears in 1 contract

Samples: Fixed Price Food Service

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