Common use of Volume Reporting Clause in Contracts

Volume Reporting. The State will use a centralized method of tracking volume. Contractor shall provide a quarterly volume report to the State’s primary contact identified in §5 of this Participating Addendum within 45 (forty-five) calendar days following the end of the State Fiscal Year quarter that the report covers. The quarterly volume report shall be submitted in a form as directed by the State, which may be modified by the State from time to time. The quarterly volume report shall contain, at a minimum, all of the following: i. A summary volume report that includes, but is not limited to, all of the following for the quarter that the report covers: a. The total spent by each type of Purchasing Entity under this Participating Addendum. b. The total of the list price of all items purchased by each type of Purchasing Entity under this Participating Addendum. c. The total estimated price savings for each type of Purchasing Entity under this Participating Addendum, calculated as the total list price of all items purchased by each type of Purchasing Entity minus the total spent for that type of Purchasing Entity. d. The total paid through the use of a procurement card or credit card for each Purchasing Entity under this Participating Addendum. e. The amount of the total administrative fee due to the State and agreed to by the Contractor. f. The amount of the total administrative fee due to the State. g. Any additional summary information as mutually agreed upon requested by the State.

Appears in 2 contracts

Sources: Participating Addendum, Participating Addendum