Common use of Prices and Fees Clause in Contracts

Prices and Fees. There is no fee to participate in the market test. Participants agree to pay the market test postage price, which is higher than the First-Class Mail single-piece letter price, for each greeting card sold or mailed. Participants must have sufficient funds in their CAPS account to cover the market test postage for the mailpieces. Participants pay postage as follows: a. At least 50 percent of the market test postage price will be paid to the Postal Service based on the participant's reports of greeting cards sold. When a greeting card is sold to an individual customer, payment will be retained by the Postal Service, whether or not the greeting card is mailed. b. The remainder of the postage will be collected based on scans of Intelligent Mail barcodes on mailed pieces as specified in 2.5. The scans will produce a count of pieces processed, allowing appropriate postage to be deducted from the CAPS account.

Appears in 3 contracts

Samples: Negotiated Service Agreement, Negotiated Service Agreement, Negotiated Service Agreement

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Prices and Fees. There is no fee to participate in the market test. Participants agree to pay the market test postage price, which is higher than the First-Class Mail single-piece letter price, for each greeting card sold or mailed. Participants must have sufficient funds in their CAPS account to cover the market test postage for the mailpieces. Participants pay postage as follows: a. At least 50 percent of the market test postage price will be paid to the Postal Service based on the participant's reports of greeting cards sold. When a greeting card is sold to an individual customer, payment will be retained by the Postal Service, whether or not the greeting card is mailed. b. The remainder of the postage will be collected based on scans of Intelligent Mail barcodes on mailed pieces as specified in 2.53.5. The scans will produce a count of pieces processed, allowing appropriate postage to be deducted from the CAPS account.

Appears in 1 contract

Samples: Negotiated Service Agreement (Nsa)

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