Framework levy. 15.1. For Lot 1 only, please note that the prices charged by the suppliers for the media ordered, will be audited on a 6 monthly basis by the appointed media auditor. The auditor will produce a report to each framework public body detailing the value of media purchased and will highlight whether the prices charged by the suppliers are ahead or behind the price guarantees set under the framework. Media advice is also included as part of the audit services. The cost of the media auditor’s service will be covered through a framework levy. The levy will be set at 1.0% of the value of a framework public body’s media spend and may be varied by the framework contract manager.
Appears in 6 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
