Common use of DIR Administrative Fee Clause in Contracts

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 one half of one percent (.50%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $500. B. All prices quoted to Customers shall include the administrative fee. DIR may change administrative fee amounts; however, no revision will take effect before ninety (90) days following written notice. Vendor may revise pricing to reflect the change in administrative fees.

Appears in 3 contracts

Samples: Contract for Products and Related Services, Contract for Products and Related Services, Contract for Products and Related Services

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DIR Administrative Fee. A. 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 one half three-quarters of one percent (.50.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $500750.00. B. B) All prices quoted to Customers shall include the administrative fee. DIR may reserves the right to change administrative this fee amounts; howeverupwards or downwards during the term of this Contract, no revision will take effect before ninety (90) days following upon written notice. Vendor may revise pricing to reflect the change in administrative fees.notice to

Appears in 3 contracts

Samples: Contract for Products and Related Services, Contract for Products and Related Services, Contract for Products and Related Services

DIR Administrative Fee. A. 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 one half of one three quarters percent (.50.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $500. B. All prices quoted to Customers shall include the administrative fee. DIR may change administrative fee amounts; however, no revision will take effect before ninety (90) days following written notice. Vendor may revise pricing to reflect the change in administrative fees.totaling

Appears in 1 contract

Samples: Contract for Products and Related Services

DIR Administrative Fee. A. 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 one half of one two percent (.502%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $5002,000. B. B) All prices quoted to Customers shall include the administrative fee. DIR may reserves the right to change this fee upwards or downwards during the term of this Contract, upon written notice to Vendor. Any change in the administrative fee amounts; however, no revision will take effect before ninety (90) days following written notice. Vendor may revise pricing shall be incorporated in the price to reflect the change in administrative feesCustomer.

Appears in 1 contract

Samples: Contract for Products and Related Services

DIR Administrative Fee. A. 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 one half of one two percent (.502%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $5002,000. B. B) All prices quoted to Customers shall include the administrative fee. DIR may reserves the right to change administrative this fee amounts; howeverupwards or downwards during the term of this Contract, no revision will take effect before ninety (90) days following written notice. Vendor may revise pricing to reflect the change in administrative fees.upon

Appears in 1 contract

Samples: Contract for Products and Related Services

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DIR Administrative Fee. A. 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 one half of one percent (.50%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $500500.00. B. B) All prices quoted to Customers shall include the administrative fee. DIR may reserves the right to change this fee upwards or downwards during the term of this Contract, upon written notice to Vendor. Any change in the administrative fee amounts; however, no revision will take effect before ninety (90) days following written notice. Vendor may revise pricing shall be incorporated in the price to reflect the change in administrative feesCustomer.

Appears in 1 contract

Samples: Contract for Products and Related Services

DIR Administrative Fee. A. 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 one half of one two percent (.502%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $5002,000. B. 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. Such Administrative Fees may change administrative fee amounts; however, no revision over time and DIR will take effect before ninety (90) days following written notice. provide Vendor may revise pricing to reflect the change in administrative fees.with ninety

Appears in 1 contract

Samples: Contract for Products and Related Services

DIR Administrative Fee. A. 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 one half three-quarters of one percent (.50.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 100,000.00 shall be $500750.00. B. B) All prices quoted to Customers shall include the administrative fee. DIR may reserves the right to change administrative this fee amounts; howeverupwards or downwards during the term of this Contract, no revision will take effect before ninety (90) days following upon written notice. Vendor may revise pricing to reflect the change in administrative fees.notice to

Appears in 1 contract

Samples: Contract for Products and Related Services

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