Common use of DIR Cost Avoidance Clause in Contracts

DIR Cost Avoidance. ‌ As part of the performance measures reported to state leadership, DIR must provide the cost avoidance the State has achieved through the Contract. Upon request by DIR, Vendor shall provide DIR with a detailed report of a representative sample of products sold under the Contract. The report shall contain: product part number, product description, list price and price to Customer under the Contract. 8. Pricing, Purchase Orders, Invoices, and Payments‌ Note: NO EXCEPTIONS OR REVISIONS WILL BE CONSIDERED A. Manufacturer’s Suggested Retail Price (MSRP) or List Price‌ Note: NO EXCEPTIONS OR REVISIONS WILL BE CONSIDERED MSRP is defined as the product sales price list published in some form by the manufacturer or publisher of a product and available to and recognized by the trade. A price list especially prepared for a given solicitation is not acceptable.

Appears in 2 contracts

Sources: Vendor Agreement, Intellectual Property Agreement