LAC 4:V.4905. Fee Schedule and Remittance Schedule

A. The fee shall be contractual and may be negotiated, and should be a minimum of 1 percent of a vendor’s net aggregate sales under its statewide contract unless agreed to otherwise, or as set forth below. B. For the subset of statewide contracts whose annual usage by cooperative purchasing units represents 2/3 (66.6 percent) or more of total annual usage, it shall be the standard practice of the Office of State Procurement for the fee to be 2 percent of net aggregate sales. This differentiation reflects that state agencies separately subsidize the cost of contract administration through interagency transfers. Schedule of Fees Category | Fee Percentage Regular statewide contracts (up to 66.5% cooperative usage) | 1.00% Primarily non-State usage contracts (66.6%+ cooperative usage) | 2.00% C. The fee should be remitted by the vendor to the Office of State Procurement in accordance with the remittance schedule below, unless specified otherwise in the contract. Remittance Schedule Fiscal Quarters | Months | Vendor’s Due Date Quarter 1 | July 1st -September 30th | October 31st Quarter 2 | October 1st -December 31st | January 31st Quarter 3 | January 1st -March 31st | April 30th Quarter 4 | April 1st -June 30th | July 31st --- | 15 Calendar Days following the termination of the contract for any reason