REVENUE MANAGEMENT. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, retail revenues, facility rental revenues, donation boxes, direct appeals, campaigns, events, grants for special programs, and all activities specified herein with the following requirements: • All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts. • All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised and/or defined by the appeal, grant, or program description. • All donation box, food service, and program fee revenues shall be designated by site/facility where collected and used only for expenses of that site/facility as deemed appropriate by the Corporation and the Division. • When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget. Excess funds for the Florida History Day and the Traveling Exhibits Program shall also be carried forward to the next fiscal year in a like manner. • As stated in the Friends of the Museums of Florida History, Inc. Bylaws, Article 7, Management, Section 5: The Corporation’s Board of Directors shall approve all expenditures in accordance with the Corporation’s bylaws and articles. Should the Corporation determine that Department staff may be delegated responsibility to approve individual expenditures, it must specifically state those delegations and limits of authority within this Letter of Agreement. Those individuals are the Museum Director, the Development and Financial Director, and Florida History Shops Manager with the limit of authority on individual expenditures of up to $1500.00. • Department staff may be reimbursed for expenditures made on behalf of and previously approved by the Corporation upon submission of proper proof of expenditure. Should the Corporation delegate expenditure approval authority to Department staff as stated previously, a staff mem...
REVENUE MANAGEMENT. MODIFY AND CUSTOMIZE REVENUE MANAGEMENT APPLICATIONS IBM will work with the Revenue Management Application software vendors to modify the applications as specified in the DEFINE THE REVENUE MANAGEMENT APPLICATION AND INTERFACE REQUIREMENTS AND CHANGES for the Full Functional Services phase. IBM will install and customize the Banner, CWA, and VeriTRAN applications in the pre-production environment. COMPLETION CRITERIA This task will be considered complete when the modified, pre-production versions of Banner, CWA, and VeriTRAN has been successfully installed on the pre-production test environment in preparation for product testing. DELIVERABLES - None CUSTOMIZE THE UTILITY DISTRIBUTION COMPANY (UDC) INTERFACES IBM will develop, test and implement interfaces for additional UDC markets and other external entities as specified in the DEFINE THE REVENUE MANAGEMENT APPLICATION AND INTERFACE REQUIREMENTS AND CHANGES task for the Full Functional Services phase. These services include interface coordination with the target UDC or entity, including communication, updates or modifications to the interface. Emphasis in this phase will be upon developing a rules based approach to adding markets in order to streamline process as EMW expands across the US during its market entry over the first few years and beyond. The interfaces will be tested per the existing (updated) test plan. COMPLETION CRITERIA This task will be considered complete when IBM has successfully demonstrated that the communications between the solution and the UDCs are occurring and that the rules based up-dating for new markets is in place and functional Testing will be completed when the Test Plan including Test Cases is provided to the EMW Contract Executive along with the Test Execution Results. DELIVERABLES - Test Plan - Test Cases -------------------------------------------------------------------------------- IBM Confidential May 12, 2000 Page - 45 - Exhibit 1A SI SOW APPLICATION DEPLOYMENT IBM will work with EMW during their User Acceptance Test to resolve problems found. Once these have been resolved and retested, IBM will promote the applications to the production environment per plan. COMPLETION CRITERIA This task will be considered complete when the EMW User Acceptance Test has completed successfully and the final tested applications and interfaces have been promoted to the production environment. - None. DEVELOP APPLICATION DOCUMENTS IBM will update the application documents for constructin...
REVENUE MANAGEMENT. The Operator shall be responsible for the collection, secure management, and transfer of all fare revenues into the system for each of the following sources:
a) Cash sales. The Operator is responsible for the collection of all cash revenues from the fare system. Cash payments will be received by Operator Staff from fare sales at the Bus Station kiosks, at the Bus Station fare vending machines. The Operator shall ensure the security of the cash collected at all times from the moment the payment is received from the customer until the revenues are transferred to the staff of Fund Manager notified by the Employer. The Operator shall be fully responsible for any funds lost or stolen while the funds are under the purview of the Operator (i.e. from receipt of the customer payment through the handing over of funds to the Fund Manager representative every night before closing the Bus Station).
b) Credit/debit card sales. The Operator is responsible for the collection and charging of customer payments by credit cards or debit cards to the accounts notified by the Employer. Sales through credit or debit cards may take place at the Bus Station kiosks or through the fare vending machines and/or on-line app. On-board sales of single-use fare cards will only be conducted in cash.
REVENUE MANAGEMENT. All revenues arising from routes within the scope of the JVA are pooled and redistributed between the Parties. A Revenue Management Board consisting of representatives from each Party is responsible for the overall direction of revenue management and oversees the management and administration of the pricing and revenue management activities of the Parties.
REVENUE MANAGEMENT. (A) In connection with the operation of the concession, CONCESSIONAIRE agrees that all purchases of art work onboard the Vessel and sales generated from the custom framing of all art work sold on the Vessels shall be made through the passenger's ship board account or through NCL's private label credit card. CONCESSIONAIRE hereby agrees that it will not offer its own private label credit card onboard any of the Vessels. All sales of art work, custom framing, sculptures, and appraisals made onboard the Vessel through the passenger's ship board account shall be made via NCL's cashless system. CONCESSIONAIRE further agrees to record all receipts using pads having pages which are serially numbered, in triplicate. The ship's purser will receive a copy of all receipts which are given to the xxxxxxgers after each auction. NCL shall have the right to inspect and review all of CONCESSIONAIRE's records with respect to sales made onboard the Vessel.
(B) In consideration of NCL granting CONCESSIONAIRE the rights set forth herein, CONCESSIONAIRE agrees to pay NCL, and NCL shall be entitled to receive and/or retain, the following sums in United States Dollars equal to the greater of the Percentage-Based Amount (defined below) or the Minimum Guarantee Amount(s) (defined below), plus all applicable sales, use, transaction, excise or VAT taxes imposed by any governmental authorities.
REVENUE MANAGEMENT. What is revenue management?
REVENUE MANAGEMENT. Consisting of:
REVENUE MANAGEMENT. The dynamics associated with each particular payor class require management to break down net revenue and track monthly and yearly trends by class. Each month, ManageCo will review the net revenue by payor class, net patient revenue per adjusted patient day (and any future capitation revenue per member per month) against budgeted figures. Outlier cases will be highlighted and discussed with appropriate management personnel and billing office directors. • Cost and Productivity Measurements. ManageCo will track expenses and margins for the inpatient and outpatient sides of the business, as well as variable expenses and total expenses on a per adjusted patient day basis. Close attention will be paid to productivity measurements such as employees per adjusted bed and salaries/benefits as a percentage of net revenue. “Employees per adjusted patient day” will help to ensure that the Hospital is staffed appropriately and efficiently, subject to limitations under the CBA. • Physician Scorecards. ManageCo will create and maintain, by individual doctor, Physician Scorecards that serve as user-friendly tools to enable physicians to compare their performance with that their peers. Physician Scorecards will include data that is designed to balance clinical efficiency with quality of care, including metrics associated with length of stay by case mix versus a peer length of stay benchmark; quality indicators such as readmission, infection, mortality, and comorbidity rates; and other objective data. Physician Scorecards will help to decrease lengths of stay, reduce readmission rates, and increase the number of physicians who achieve targeted benchmarks. They also help to align physician accountability with organizational objectives by expanding awareness and understanding of how physicians impact the Hospital, promoting discussions among physicians regarding best practices and clinical pathways, and creating numerous mentoring opportunities for physician leaders. Daily reports measuring volume, collections, cash balances, registry hours, ED statistics, and quality metrics, among others, will be distributed and reviewed by members of management. In addition, a monthly key performance indicator dashboard, highlighting operational, financial, quality and service, materials and facility management, managed care, and legal statistics on a monthly and year-to-date basis in comparison to budget or benchmarks will be distributed to all members of the management team. By monitorin...
REVENUE MANAGEMENT. Premier Services shall also include revenue management activities that include tracking transactions, maximizing qualified supplier remittance of transaction fees, billing qualified suppliers for owed transaction fees and other accounts receivable management.
REVENUE MANAGEMENT. Enroll in the then-current revenue management program provided by us or our approved provider.