Common use of NASPO VALUEPOINT ADMINISTRATIVE FEE Clause in Contracts

NASPO VALUEPOINT ADMINISTRATIVE FEE. The Contractor shall pay to NASPO ValuePoint, or its assignee, a NASPO ValuePoint Administrative Fee of one-quarter of one percent (0.25% or 0.0025) no later than sixty (60) days following the end of each calendar quarter. The NASPO ValuePoint Administrative Fee shall be submitted quarterly and is based on all sales of products under the Master Agreement (less any charges for taxes or shipping). The NASPO ValuePoint Administrative Fee is not negotiable. This fee is to be included as part of the pricing submitted with proposal.

Appears in 3 contracts

Samples: Cooperative Purchasing Master Agreement, Purchasing Master Agreement, Cooperative Purchasing Master Agreement

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NASPO VALUEPOINT ADMINISTRATIVE FEE. The Contractor shall pay to NASPO ValuePoint, or its assignee, a NASPO ValuePoint Administrative Fee of one-quarter (1/4 or 25%) of one percent basis point (0.250.0025% or 0.00250.000025) of the National Annual Volume no later than sixty (60) days following the end of each the calendar quarteryear. The NASPO ValuePoint Administrative Fee shall be submitted quarterly and is based on all sales of products under the Master Agreement (less any charges for taxes or shipping). The NASPO ValuePoint Administrative Fee administrative fee is not negotiable. This fee may not be adjusted in any Participating Addendum. This fee is to be included as part of the pricing submitted with proposalthe bid.

Appears in 1 contract

Samples: Cooperative Purchasing Master Agreement

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