Common use of NOI Requirements Clause in Contracts

NOI Requirements. The District has a positive inventory “on the books” or “in the bank” • Distributor must sell at a net price + distribution fees • Fully Substitutable Commodities • Identical Commodity/Commercial Products • Processor sells to distributor at gross price • Distributor sells product to any customer • Sales Verification • Processor responsible to conduct the District’s sales verification • The District is responsible to confirm receipt of NOI product AND commodity value • The District takes title of product once the distributor delivers product. • Distributor invoices the District the net price. The invoice must identify the gross case price and on a separate line the value of donated food(s) per case. • Distributor must have the technology in place to meet the reporting requirements of the processors for NOI commodity processed items, K12 Foodservice or Processor Link. USDA value is an expense to the District and will be taken into consideration with distributors’ quote when calculating the base value cost. The Georgia Department of Education has approved the Value Pass Through (Net Off Invoice) system and the awarded Distributor must be capable of participating. Contractor agrees to fill out the Value Pass Through (Net Off Invoice) Recipient Agency & Distribution Agreement attached as Attachment G to the District’s solicitation giving rise to this Agreement, which is incorporated as part of this Agreement by this express reference.