RETROSPECTIVE PAYMENTS. A Retrospective Payment will be applied to all Orders placed in each year of the Term. ANY RETROSPECTIVE PAYMENTS OFFERED BY THE PROVIDER UNDER THIS FRAMEWORK AGREEMENT ARE TO BE PAID TO THE AUTHORITY AS PER THE DETAILS IN SCHEDULE 8. Reports on the value of orders placed under this Framework Agreement and under any Direct Awards or the Call-Off Contracts resulting from a Further Competitions shall be submitted via the YPO’s electronic spend data portal (▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇.▇▇/supplier_rebate/login.php ) by the Provider. The Provider shall make the Retrospective Payments to the Authority within 30 days as per the instructions on the invoice. For the avoidance of doubt the Retrospective Payments shall be payable on all individual Orders during the full term of the Direct Award and/or the Further Competition and/or the Call-Off Contract including any extensions thereto. If any invoice for Retrospective Payments remains unpaid for a period of three (3) Months, then the Authority may terminate the Framework Agreement forthwith on giving notice in writing to the Provider.
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Sources: Framework Agreement, Framework Agreement