Common use of Quoting process Clause in Contracts

Quoting process. 5.1.1. the Contracting Agency will prepare and deliver a Form Statement of Work RFP (SOW- RFP) to the contracted vendors using the form attached hereto as “Attachment D1”. 5.1.2. Vendors will then submit proposals within the date and time established by the Contracting Agency. 5.1.3. Following proposal evaluation, in the best interest of the State, the Contracting Agency may enter into a Statement of Work Agreement with the selected vendor. The Contracting Agency will prepare and deliver a Form Statement of Work (SOW) to the contracted vendor(s) using the form attached hereto as “Attachment D2”. Vendors will then submit the signed SOW to the Contracting Agency. 5.1.4. The Statement of Work Agreement will be administered by the Contracting Agency. 5.1.5.Projects over $100,000 require Standard Request for Proposals (RFPs). Any State project having an actual or anticipated cost greater than $100,000 may not be executed pursuant to this Master Agreement, and must instead undergo a formal RFP process. The maximum dollar amount payable under this Master Agreement is not intended as any form of a guaranteed amount. The Contractor will be paid for products or services actually delivered or performed, as specified in Attachment A and in accordance with the applicable SOW, up to the maximum allowable amount specified on page 1 of this Master Agreement. 1. Prior to commencement of work and release of any payments, Contractor shall submit to the State: a. a certificate of insurance consistent with the requirements set forth in Attachment C, Section 8 (Insurance), and with any additional requirements for insurance as may be set forth elsewhere in this contract; and b. a current IRS Form W-9 (signed within the last six months). 2. Payment terms are Net 30 days from the date the State receives an error-free invoice with all necessary and complete supporting documentation. 3. Contractor shall submit detailed invoices itemizing all work performed during the invoice period, including the dates of service, rates of pay, hours of work performed, and any other information and/or documentation appropriate and sufficient to substantiate the amount invoiced for payment by the State. 4. All invoices must include the Contract # for this Master Agreement, and the VISION PO # specified on the SOW against which the invoice is submitted. 5. Contractor shall submit invoices to the State in accordance with the schedule set forth in the applicable SOW.. Unless a more particular schedule is provided in an SOW, invoices shall be submitted not more frequently than monthly.

Quoting process. 5.1.1. the Contracting Agency will prepare and deliver a Form Statement of Work RFP (SOW- RFP) to the contracted vendors using the form attached hereto as “Attachment D1”. 5.1.2. Vendors will then submit proposals within the date and time established by the Contracting Agency. 5.1.3. Following proposal evaluation, in the best interest of the State, the Contracting Agency may enter into a Statement of Work Agreement with the selected vendor. The Contracting Agency will prepare and deliver a Form Statement of Work (SOW) to the contracted vendor(s) using the form attached hereto as “Attachment D2”. Vendors will then submit the signed SOW to the Contracting Agency. 5.1.4. The Statement of Work Agreement will be administered by the Contracting Agency. 5.1.5.Projects over $100,000 require Standard Request for Proposals (RFPs). Any State project having an actual or anticipated cost greater than $100,000 may not be executed pursuant to this Master Agreement, and must shall instead undergo a formal RFP process. The maximum dollar amount payable under this Master Agreement is not intended as any form of a guaranteed amount. The Contractor will be paid for products or services actually delivered or performed, as specified in Attachment A and in accordance with the applicable SOW, up to the maximum allowable amount specified on page 1 of this Master Agreement. 1. Prior to commencement of work and release of any payments, Contractor shall submit to the State: a. a certificate of insurance consistent with the requirements set forth in Attachment C, Section 8 (Insurance), and with any additional requirements for insurance as may be set forth elsewhere in this contract; and b. a current IRS Form W-9 (signed within the last six months). 2. Payment terms are Net 30 days from the date the State receives an error-free invoice with all necessary and complete supporting documentation. 3. Contractor shall submit detailed invoices itemizing all work performed during the invoice period, including the dates of service, rates of pay, hours of work performed, and any other information and/or documentation appropriate and sufficient to substantiate the amount invoiced for payment by the State. 4. All invoices must include the Contract # for this Master Agreement, and the VISION PO # specified on the SOW against which the invoice is submitted. 5. Contractor shall submit invoices to the State in accordance with the schedule set forth in the applicable SOW.. Unless a more particular schedule is provided in an SOW, invoices shall be submitted not more frequently than monthly.