Common use of Selling Contractor Clause in Contracts

Selling Contractor. Schedule Contractors Accepting Orders Must: • Have the ability to accept or reject orders from the buying contractor. • Ensure that a copy of the written authorization from the Federal Government is included in the order issued by the buying contractor. • Ensure that the buying contractor’s contract number is shown on each order. • Sell to the buying contractor at the MAS contract price or lower pursuant to FAR 8.4. • Understand that a purchase made under the authority of FAR Part 51 does not trigger a price reduction under GSAR clause 552.238-75, Price Reductions. • Include on each invoice the language, “in care of ‘[name of government agency]’ under written authorization from dated ”. • Assume the financial risk and other risks of selling directly to another contractor. Any dispute involving the distribution of payment between the buying and selling contractor will be resolved without any involvement by the Federal Government. Since each contractor has a Schedule or Global Supply contract, each contractor is held accountable under the terms and conditions of its contract for any problems, such as warranty or performance issues. • Track and report sales as Schedules contract sales, and remit the Industrial Funding Fee (IFF) accordingly.