Common use of PROFIT AS A SEPARATE ELEMENT OF PRICE Clause in Contracts

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Agreement

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PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS JB (Initials of Authorized Representative)

Appears in 1 contract

Samples: Of Master Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS N/A – All Goods and Services offered are Commercial Products or Commercial Services per FAR 2.101 and not subject to cost disclosure requirements. (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS Yes (Initials of Authorized RepresentativeSG)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS J.O. (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS Yes - MA (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS LS (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS (Initials Paccar Parts does not agree with this statement and will not be negotiating profit as a separate element of Authorized Representativethe price. ( B.V. )

Appears in 1 contract

Samples: Master Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS Yes, BAW (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

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PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS YES - LSH (Initials of Authorized Representative)

Appears in 1 contract

Samples: General Terms and Conditions of Master Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS No, bidder does not agree. Bidder takes exception. Exception can be found on Proposal form 17, page 47. (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS JH (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS Y.R. (Initials of Authorized Representative)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

PROFIT AS A SEPARATE ELEMENT OF PRICE. For purchases using federal funds in excess of one hundred fifty thousand dollars ($150,000), a participating agency may be required to negotiate profit as a separate element of the price. See, 2 CFR 200.324(b). When required by a participating agency, Supplier Partner agrees to provide information and negotiate with the participating agency regarding profit as a separate element of the price for a particular purchase. However, Supplier Partner agrees that the total price, including profit, charged by Supplier Partner to the participating agency shall not exceed the awarded pricing, including any applicable discount, under Supplier Partner’s Group Purchasing Agreement. Does Bidder agree? _ LGS Agree (Initials of Authorized RepresentativeMRC)

Appears in 1 contract

Samples: Master Cooperative Purchasing Agreement

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