TIPS Administration Fee Sample Clauses
The TIPS Administration Fee clause defines the charges imposed by the TIPS organization for managing and facilitating the procurement process. Typically, this fee is calculated as a percentage of the total contract value and is paid by the awarded vendor, either as a one-time payment or on a recurring basis, depending on the agreement. The core function of this clause is to ensure that TIPS is compensated for its administrative services, thereby supporting the ongoing operation and oversight of the procurement program.
TIPS Administration Fee. By submitting a proposal, ▇▇▇▇▇▇ agrees to remit to TIPS the required TIPS Administration Fee, as designated in the solicitation or as otherwise agreed in writing. If Authorized Resellers are named, ▇▇▇▇▇▇ agrees to guarantee remittance of the TIPS Administration fee by or for the Authorized Reseller. TIPS/ESC Region 8 is required by Texas Government Code Section 791 to be compensated for its work. Thus, submission of this proposal requires agreement to this term.
TIPS Administration Fee. By submitting a proposal, I agree that all pricing submitted to TIPS shall include the Administration Fee, as designated in the solicitation or as otherwise agreed in writing which shall be remitted to TIPS by the Vendor, or the vendor's named resellers, and as agreed to in the Vendor Agreement. I agree that the fee shall not and will not be added by the Vendor as a separate line item on a TIPS member invoice, quote, proposal or any other written communications with the TIPS member. TIPS/ESC Region 8 is required by Texas Government Code § 791 to be compensated for its work and thus, failure to agree shall render your response void and it will not be considered. Agreed