Supplier Incentive Scheme definition
Supplier Incentive Scheme means the Council's programme to improve its pay to purchase processes to enable the Service Provider to benefit from the early payment of their invoices in return for a small rebate of the Charges. If the Service Provider's tender submission indicated that they wished to be part of the scheme in relation to this contract, the terms of the Supplier Incentive Scheme shall be set out at Schedule 6. Term: the period of the Initial Term as may be varied by:
Examples of Supplier Incentive Scheme in a sentence
If as part of the Provider's Tender, the Provider indicated that they wished to utilise the Supplier Incentive Scheme in relation to this agreement, the supplemental terms outlined in Schedule 6 shall apply.