Payment of Convenience Fee Sample Clauses
Payment of Convenience Fee. The Contractor shall timely remit Convenience Fee via Automated Clearing House (ACH) transactions, unless otherwise directed by State, to the bank account directed by the State. Failure to remit convenience fees timely and accurately in accordance with State requirements may result in Contractor’s goods and services being made ineligible for purchase by State or any other recourse available, including contract cancellation, or as further provided for by law.
Payment of Convenience Fee. The Contractor shall timely remit Convenience Fee via Automated Clearing House (ACH) transactions, unless otherwise directed by State, to the bank account directed by the State. Failure to remit convenience fees timely and accurately in accordance with State requirements may result in the Contractor’s commodities and services being made ineligible for purchase by State or any other recourse available, including contract cancellation, or as further provided for by law.
F. Retention and Inspection of Records The Contractor shall keep records of Sales to State in sufficient detail to enable the State to determine the Convenience Fee payable by the Contractor. State may examine and audit, at its own expense, the Contractor’s sales records and Sales Reports for completeness and accuracy. In the event that such examination reveals underpayment of the Convenience Fee, the Contractor shall immediately pay to the State the amount of deficiency. If the examination reveals an underpayment of 5% or more, then the Contractor shall reimburse the State for the cost of the audit. Company: WELSCO INC Address: 0000 XXXXXXX XXXX XXXX City: NORTH LITTLE ROCK State: AR 72113 Minority or Women-Owned Designation See the Minority and Women-Owned Business section of the Solicitation. ☐ Not Applicable AR Certification #: RCW22148 Contact Person: XXX XXXXXXX Title: SPECIALTY GAS MANAGER Phone: 000-000-0000 Alternate Phone: 000-000-0000 Email: XXX.XXXXXXX@XXXXXX.XXX ☐ YES, a redacted copy of submission documents is enclosed. ☒ NO, a redacted copy of submission documents is not enclosed. I understand a full copy of non-redacted submission documents will be released if requested. If a redacted copy of the submission documents is not provided with Prospective Contractor’s response packet, and neither box is checked, a copy of the non-redacted documents, except for financial data (other than pricing), will be released in response to any request made under the Arkansas Freedom of Information Act (FOIA). See the Proprietary Information Section of the Solicitation.