IVIPS definition
Examples of IVIPS in a sentence
Administrative and Collection Expenses means direct and indirect costs associated with the collection of the TBD fees, including but not limited to information technology services to implement and support the collection of TBD fees; accounting for and payment of fees to the TBD’s; Contract administration; and management analysis as well as other incidental administrative overhead, and includes the costs associated with optional access to the Internet Vehicle Information Processing System (IVIPS).
As a matter of pl'actice, IVIPS attempts to pay all invoices in 30 days.