Price Verification. The Supplier should be able to provide manufacturer price lists and its own price lists at the State's request in order for the State to verify pricing. The Supplier should have its own Auditing system to verify that correct pricing is being offered to the State. In addition, the State reserves the right to audit Supplier records in order to identify discrepancies. If Discrepancies are found, at a minimum, the Supplier will refund the State the difference and may be subject to other legal remedies.
Price Verification. The Contractor shall, upon request by the Authorized User, provide supporting documentation that verifies the pricing entered by the Contractor on the "Vehicle Request Price Worksheets" on Form B (Class 3-8): Mini-Bid Response. Such verification may include a Build Sheet and the most recently published OEM Pricelist and Contractor-Published Pricelist, as applicable, for each Chassis and Body offered in the Mini-Bid.
Price Verification. Customer will be allowed one (1) annual price verification at each delivering Operating Company for purchases made under this Agreement. The price verification will consist of reviewing computer reports documenting SYSCO's calculation of the Customer's invoice price and verification of the participating SYSCO Operating Company's delivered Cost. If requested, applicable Supplier invoices and accompanying freight invoices will also be made available. Price verification adjustments, if applicable, will be made utilizing the net of undercharges and overcharges to the Customer. The price verification process is subject to the following:
a. Customer must request a price verification in writing at least twenty (20) business days prior to the suggested date of the price verification. This request must identify the thirty (30) items to be price verified and the period covered;
b. The date and time of price verification must be to the mutual agreement of both parties;
c. The price verification will be made at the delivering Operating Company's location;
d. Support for the price verification may not be removed from the delivering Operating Company location;
e. The period for which pricing is to be verified will not begin more than twelve (12) months prior to the date of the price verification, and will cover only one pricing period. Due to the extensive time and complexity associated with price verification, SYSCO will not permit computer generated price matching or electronic audits by or on behalf of Customers or any Third Party Provider to be used in lieu of the above price verification procedure.
Price Verification. Upon no less than * ** weeks written notice and during regular business hours, but no more frequently than once every *** months, Customer may examine documentation to support pricing of products sold to Customer pursuant to this Agreement; provided, however, that any such verification shall be limited to no more than *** items with one price point verification per item. If such documentation is unavailable at the distribution center office, USF’s computer generated reports will be made available at the distribution center office or the audit may be conducted at USF’s headquarters, at USF’s option. The invoice date to be verified shall be limited to fall within the thirteen (13) weeks immediately preceding such verification. Certain vendors/suppliers provide USF with electronic statements as the billing mechanism. In such instance, these vendor electronic files will be considered valid audit tools. *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission.
a. Only USF and Customer management personnel will participate in the price verification. Customer guarantees the confidentiality of information provided by USF. In the rare circumstance where Customer and USF agree that Customer may utilize the services of an outside consultant to aid Customer in the price verification, said consultant shall be required to execute a confidentiality agreement with USF as a condition to the consultant’s participation in the price verification. USF reserves the right of final approval for the use of any outside consultant, such approval not to be unreasonably withheld.
b. Credit or debit memos for any uncontested adjustments determined by a price verification process will be processed at Customer’s direction within one (1) week. Details of this procedure are listed in Attachment C hereto.
c. Price verification audits will not interfere with USF year-end accounting practices.
d. Any monies due Customer from the price verification process will be reduced by all monies due USF that are beyond the agreed upon credit terms.
e. In the event of any dispute arising out of or relating to the Audit, the parties shall seek to resolve the matter amicably through mutual discussions conducted diligently in good faith by both parties.
Price Verification. Stripes shall have the right, after advance written request and at reasonable times during normal business hours, to price-verification audit privileges on all Products purchased from Labatt. Price verification of Products is subject to a limit on the number of Products chosen for auditing to [***] of Products purchased from Labatt during any one [***] period. Any significant discrepancies in the initial [***]) of Products selected for price verification will permit Stripes to pursue price verification of an additional [***]of Products. An advance 7-day written notification by Stripes to Labatt is required for an onsite audit. The period for which prices may be verified may not exceed the immediately preceding [***]-month period.
Price Verification. Supplier will provide Eargo with Component and raw material pricing for the purposes of determining BOM Cost. Eargo may review applicable vendor agreements and pricing arrangements to verify BOM Cost, except to the extent non-disclosure agreements prohibit Supplier from disclosing specific vendor pricing, in which case, Supplier will provide to Eargo aggregated price verification.
Price Verification. We will provide Price verification for you through our e-VerifyTM Price verification process, as follows:
17.1. Any Price being verified must be a Supplier Contracted Cost item.
17.2. You will provide us with your contract pricing utilizing the DMA form, as described in the Supplier Contracted Cost Section.
17.3. You recognize that accurate pricing is a shared responsibility, agree to participate in the process as required, and provide us with updated contract pricing by the 15th of each month.
17.4. Price Verification will be performed monthly and will consist of two types of price verification reports:
(1) Expected Value Table (“EVT”) comparison to order guides at the start of each month, and (2) EVT to invoice transaction comparison at the end of each month.
17.5. Reimbursement for the overcharges and billing and payment for the undercharges identified during the Price verification process will be processed promptly, but no later than 21 days after the verification is completed.
Price Verification. During the contract period, Contractor will be required to provide price verification. Contractor will be required to submit copies of the daily Unbranded OPIS (Stockton average) rack price, with their xxxx of lading for each tank/truck/trailer load of unleaded or ultra low sulfur clear diesel. The Contractor hereby agrees to furnish petroleum products in accordance with the specifications listed and for the prices indicated in Exhibit D based on the average Unbranded Stockton rack price available at time of pick up from Stockton Rack, for each product supplied, plus xxxx-up and applicable taxes per location/delivery. Price differences between deliveries will be reflected in submitted OPIS and price verification with the corresponding invoice(s).
Price Verification. USF extends price verification privileges to the Customer's management. Price verification will be scheduled at a time that is mutually agreed upon by both parties. The following procedures apply to a price verification:
Price Verification. Throughout the term of this agreement the Company will be allowed semi-annual audit privileges which will include up to thirty (30) items maximum which can be reviewed thirteen (13) weeks back with thirty (30) days written notice to Distributor. Any discrepancies, which would be mutually agreed upon by the Company and Distributor, would be either credited or invoiced to the Company whichever is applicable. If pricing errors are discovered in twenty percent of the items verified, the Company has the right to expand the audit to include all items.
