Common use of Reporting and Administrative Fees Clause in Contracts

Reporting and Administrative Fees. 1. The Contractor agrees to provide quarterly utilization reports to NASPO or WSCA and the Lead State Contract Administrator by the 15th of the month following the end of the previous quarter. (Ex. Purchases during January are reported by the 15th of April). The report shall be in the format developed by the Lead State and supplied to the Contractor prior to or upon execution of the Contract. 2. The Contractor agrees to provide quarterly Administrative Fee check payable to NASPO for an amount equal to one-half of one percent (0.005) of the net sales for the period. The form to be submitted with the check, as well as the mailing address, will be supplied to the Contractor after the execution of the Contract. Payment shall be made in accordance with the following schedule: June 30 July 31 September 30 October 31 December 31 January 31 March 31 April 30 3. The Contractor agrees to include data from all Reseller/Distributor/VAR/Agent sales in the monthly utilization reports described above. 4. The utilization reports shall be submitted to the Lead State Contract Administrator via electronic mail in a Microsoft Excel spreadsheet format, or other methods such as direct access to Internet or other databases. 5. If requested by the Lead State Contract Administrator, the Contractor agrees to provide supporting Purchase Order detail records on mutually agreed media in a mutually agreed format. 6. The failure to file the utilization reports and fees on a timely basis shall constitute grounds for the removal of the Contractor's primary representative, suspension of this Agreement or termination of this Agreement for cause. 7. The NASPO, WSCA and the Lead State Contract Administrator shall be allowed access to all reports from all Purchasing Entities.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Reporting and Administrative Fees. 1. The Contractor agrees to provide quarterly utilization reports to NASPO or WSCA and the Lead State Contract Administrator by the 15th of the month following the end of the previous quarter. (Ex. Purchases during January are reported by the 15th of April). The report shall be in the format developed by the Lead State and supplied to the Contractor prior to or upon execution of the Contract. 2. The Contractor agrees to provide quarterly Administrative Fee check payable to WSCA-NASPO for an amount equal to one-half quarter of one percent (0.0050.0025) of the net sales for the period. In the event the total aggregate volume of the net sales under all Master Agreements resulting from Request for Proposal #201210412 reaches one billion U.S. dollars ($1,000,000,000.00) a calendar year, the quarterly Administrative Fee shall be reduced from one-quarter of one percent (0.0025) to one-tenth of one percent (0.001) of the net sales for the period. The form to be submitted with the check, as well as the mailing address, will be supplied to the Contractor after the execution of the ContractMaster Agreement. Payment shall be made in accordance with the following schedule: June 30 July 31 September 30 October 31 December 31 January 31 March 31 April 30 3. The Contractor agrees to include data from all Reseller/Distributor/VAR/Agent sales in the monthly utilization reports described above. 4. The utilization reports shall be submitted to the Lead State Contract Administrator via electronic mail in a Microsoft Excel spreadsheet format, or other methods such as direct access to Internet or other databases. 5. If requested by the Lead State Contract Administrator, the Contractor agrees to provide supporting Purchase Order detail records on mutually agreed media in a mutually agreed format. 6. The failure to file the utilization reports and fees on a timely basis shall constitute grounds for the removal of the Contractor's primary representative, suspension of this Agreement or termination of this Agreement for cause. 7. The NASPO, WSCA and the Lead State Contract Administrator shall be allowed access to all reports from all Purchasing Entities.

Appears in 1 contract

Samples: Master Agreement

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