Volume Sales Reports. Pursuant to the process defined by DAS PS found at: xxxxx://xxx.xxxxxx.xxx/das/Procurement/Pages/Supplier.aspx, Contractor shall submit a Volume Sales Report (“VSR”) to DAS PS on a quarterly basis; the quarterly report is due no later than thirty (30) calendar days from the end of the applicable quarter. (For purposes of this Agreement, quarters end March 31, June 30, September 30 and December 31.) Upon written notice from DAS PS, Contractor shall submit the VSR on a monthly basis, VSR due date to be determined by DAS PS. The VSR will contain: • Complete and accurate details of all receipts (sales and refunds) for the reported period; and • Such other information as DAS PS may reasonably request. Contractor is responsible for timely reporting and shall submit a VSR whether or not there are sales. When no sales have been recorded for the reporting period, a report must be submitted stating “No Sales for the Reporting Period”.
Volume Sales Reports. Contractor shall furnish to the ODOT PA Administrator quarterly reports of sales made under the Price Agreement. After execution of the PA, the ODOT PA Administrator will work with the Contractor to determine the exact format for the reports, with the intention of maximizing ease of reporting for Contractor by using its existing systems if appropriate. Following are the fields that are expected to be required on the reports. The specific items may change when ODOT and Contractor are establishing the reporting format. Date of Purchase Invoice Number Purchase Order Number Ordered By name ODOT District *Total amount for Goods only *Total amount for Goods and Services *Information regarding Goods only sales and Goods and Services sales are for the purposes of determining BOLI public works fees. BOLI requires ODOT to pay a fee of 1/10th of one percent of the estimated value of this PA upon its effective date. At the end of the term of the PA, ODOT is required to compare the estimate upon which the fee paid was based with the actual expenditures over the term of the PA to determine the final amount of the public works fee. If ODOT picks up Goods from Contractor, that is not considered public works and would not be counted toward the fee. However, if Contractor applies the Goods during a chip seal project, that work IS considered public works, and payment of prevailing wage rates to workers, and payment of the fee to BOLI, are required.
Volume Sales Reports
