Current through Register Vol. 50, No. 11, November 20, 2024
Section V-4905 - Remittance ScheduleA. The rebate shall be contractual and shall be negotiated, and shall be a minimum of 1 percent of a vendor's gross aggregate sales under its state-wide contract unless agreed to otherwise. The rebate should be remitted by the vendor to the Office of State Procurement in accordance with this remittance schedule. Remittance Schedule |
Fiscal Year 2016: Rebate to be a minimum of 1% of gross sales under statewide cooperative contracts |
Fiscal Quarters | Months | Vendor's Due Date |
Quarter 1 | July 1st-September 30th | October 31st |
Quarter 2 | October 1st-December 31* | January 31st |
Quarter 3 | January 1*-March31* | April 30th |
Quarter 4 | April 1st-June 30th | July 31st |
--- | --- | 15 Calendar Days Following the Termination of the Contract for any reason |
La. Admin. Code tit. 4, § V-4905
Promulgated by the Office of the Governor, Division of Administration, Office of State Procurement, LR 42:2063 (October 2015).AUTHORITY NOTE: Promulgated in accordance with R.S. 39:4 and R.S. 39:1706(C) and (D).