MyFloridaMarketPlace Transaction Fee Clause Samples
The MyFloridaMarketPlace Transaction Fee clause establishes the requirement for vendors to pay a specific fee on transactions conducted through the MyFloridaMarketPlace (MFMP) system. This fee is typically calculated as a percentage of the total sales amount for goods or services sold to state agencies via the MFMP platform. The clause outlines the process for fee calculation, reporting, and payment, and may specify deadlines and consequences for non-compliance. Its core function is to ensure that vendors contribute to the operational costs of the MFMP system, thereby supporting the platform’s maintenance and continued service to state agencies.
MyFloridaMarketPlace Transaction Fee. This Contract is exempt from the MyFloridaMarketPlace transaction fee.
MyFloridaMarketPlace Transaction Fee. This Contract is subject to the MyFloridaMarketPlace transaction fee.
MyFloridaMarketPlace Transaction Fee. A. The State of Florida through the Department of Management Services, has instituted MyFloridaMarketPlace, a statewide e-procurement system. Pursuant to Section 287.057(22)(c), F.S. (2015), all payments shall be assessed a Transaction Fee which the Contractor shall pay the State unless exempt pursuant to Rule 60A-1.032, Florida Administrative Code (F.A.C.).
B. For payments within the State accounting system (FLAIR or its successor), the Transaction Fee shall, when possible, be automatically deducted from payments to the Contractor. If automatic deduction is not possible, the Contractor shall pay the Transaction Fee pursuant to Rule 60A-1.031(2), Florida Administrative Code (F.A.C.). By submission of these reports and corresponding payments, the Contractor certifies their correctness. All such reports and payments shall be subject to audit by the State or its designee.
C. Contractor shall receive a credit for any Transaction Fee paid by the Contractor for the purchase of any item(s) if such item(s) is/are returned to the Contractor through no fault, act, or omission of the Contractor. Notwithstanding the foregoing, a Transaction Fee is non-refundable when an item is rejected, returned, or declined, due to the Contractor’s failure to perform or comply with specifications or requirements of this Contract.
D. Failure to comply with these requirements shall constitute grounds for declaring the Contractor in default and recovering re-procurement costs from the Contractor in addition to all outstanding fees. CONTRACTORS THAT ARE DELINQUENT IN PAYING TRANSACTION FEES MAY BE EXCLUDED FROM CONDUCTING FUTURE BUSINESS WITH THE STATE.
MyFloridaMarketPlace Transaction Fee disbursements of State financial assistance to a recipient are exempt from this Transaction Fee pursuant to Rule 60A-1.031(3), F.A.
MyFloridaMarketPlace Transaction Fee. A. The State of Florida, through the Department of Management Services, has instituted MyFloridaMarketPlace, a statewide e-procurement system. Pursuant to Section 287.057(22)(c), Florida Statutes (2014), all payments shall be assessed a Transaction Fee, which Contractor shall pay the State.
B. For payments within the State accounting system (FLAIR or its successor), the Transaction Fee shall, when possible, be automatically deducted from payments to the vendor. If automatic deduction is not possible, Contractor shall pay the Transaction Fee pursuant to Rule 60A-1.031(2), F.A.C. By submission of these reports and corresponding payments, Contractor certifies their correctness. All such reports and payments shall be subject to audit by the State or its designee.
C. Contractor shall receive a credit for any Transaction Fee paid by the vendor for the purchase of any item(s) if such item(s) are returned to Contractor through no fault, act, or omission of Contractor. Notwithstanding the foregoing, a Transaction Fee is non-refundable when an item is rejected, returned, or declined, due to Contractor’s failure to perform or comply with specifications or requirements of this Contract.
D. Failure to comply with these requirements shall constitute grounds for declaring Contractor in default and recovering re-procurement costs from Contractor in addition to all outstanding fees. CONTRACTORS WHICH ARE DELINQUENT IN PAYING TRANSACTION FEES MAY BE EXCLUDED FROM CONDUCTING FUTURE BUSINESS WITH THE STATE.
▇. ▇▇▇▇▇▇▇▇ to 11.D and 11.E above, Department will include a separate Schedule of Pay Item, per task, to reimburse the Contractor for the MFMP transaction fee on Cost Reimbursable items identified for a project. This pay item will only be added for those projects meeting the authorization date established under 11.D above.
MyFloridaMarketPlace Transaction Fee. The State of Florida has instituted MyFloridaMarketPlace, a statewide eProcurement System (“System”). Pursuant to section 287.057(23), Florida Statutes, all payments shall be assessed a Transaction Fee of one percent (1.0%), which the Contractor shall pay to the State, unless exempt pursuant to 60A-1.032, F.A.C. The Department has determined that payments to be made under this Contract are not subject to the MyFloridaMarketPlace Transaction Fee pursuant to Rule 60A-1.032,(1)(i), Florida Administrative Code (F.A.C). Form PUR 3777, Notice of Transaction Fee Exemption, has been filed by the Department.