Contract Administrative Fee. The Contractor shall, on behalf of CALNET CMO, bill and collect an Administrative Fee as determined by CALNET CMO for all services ordered under this Contract. An Administrative Fee on equipment ordered under this Contract may be implemented upon mutual agreement between the State and the Contractor. This Administrative Fee shall be included within the amount charged to those Customers obtaining service from the Contract. The CALNET CMO may consider applying percentages and/or flat rates (or a combination thereof) to services as alternative methods with the final determination made by CALNET CMO. Refer to PMAC General Provisions – Telecommunications, Section 69 (Administrative Fee) for additional requirements.
Contract Administrative Fee. (Payable by Vendor to MMCAP) Vendor will pay an administrative fee to MMCAP in the amount of 3% of all repackaging/relabeling fees per submitted order (net of any shipping costs, special credits, special returns, and credit card transaction charges). Administrative fees paid to MMCAP will only be inclusive of repackaging/relabeling fee and will at no time include the cost of medications purchased or received for/by member facilities. Terms for the payment of administrative fees and reporting is specified in Section 10.
Contract Administrative Fee. After completion of the Transition-In phase and for the remaining term of the Contract, an annual Contract Administrative Fee of $200,000 will be payable by the Prime Contractor, in monthly increments of $16,666.66 due on the last day of each month in arrears via wire transfer to cover the State contract management responsibilities and services. The State will provide the Prime Contractor the name and account information for the purpose of receiving these funds. Payments that are late by more than 30 calendar days without prior approval of the State representative will be subject to a financial penalty of one and one-half percent (1.5%) per month of the administration fee payment balance due.
Contract Administrative Fee. The awarded Contractor(s) are required to pay OGS, directly or through an agent, an Administrative Fee in the amount of point seven five percent (0.75%) for all sales generated from this Contract, or any resulting agreement. Payments will be due quarterly in arrears. The due date for each payment will be one (1) month following the end of the quarter. Payments will be due on all sales reported beginning January 1, 2023 and continuing thereafter. This makes the first payment due on or before May 1, 2023 for all sales generated from this Contract between January 1, 2023 and March 31, 2023. Submission details including address and format will be provided in Appendix K – Contractor How To Use document, no less than one (1) month prior to fee start date of January 1, 2023, and OGS reserves the right to partner with a third party to manage sales reports and fee collection and reconciliation. FISCAL AUDITS OGS reserves the right, directly or through a designated agent, to audit the accuracy of the sales reports and Administrative Fees. Audits shall be conducted during regular business hours, upon not less than fifteen (15) business days prior written notice. Administrative Fees will be due immediately for any errors or omissions disclosed by any such audit. If, as a result of any such audit, Administrative Fees are determined to have been underpaid by more than five percent (5%) for the period audited, Contractor shall pay the costs of such audit or three times the discrepancy, whichever is higher. In addition, OGS reserves the right, directly or through an agent, to review sales reports and other such documentation for accuracy of all required reporting documents for both NYS Authorized Users and other parties using this Contract or resulting agreement. As a result of such review, if inaccuracies of more than 5% are found in any of the reporting documents, Contractors shall pay the cost of such audit or three times the discrepancy, whichever is higher. Failure to make such payments or repeated errors on subsequent audits may result in the scheduling of a responsibility meeting in relation to this Contract.
