Sorcity & Supplier Confidential Per our contract, Do Not share this information with anyone other than Sorcity. With a smaller cost of sales through Sorcity, you may be more competitive! Please have someone with check-signing authority reply to this email, or it may not be accepted.
No fee for membership, or leads, or participation. Fee due Sorcity if you receive business.
Award Fee for: In order to bid, Please reply by 3/28/19 with:
"I have check-signing authority and select Option 1" (or 2 or 3) [or] "I have check-signing authority and I agree" Any alternate reply may not be acceptable. Please call with questions if needed.
Reply soon so you Do Not miss the bid window. Thank you for previously confirming your intent to bid on , ebid Event # [or gov.] AISD IFB #19AUC006 (Sorcity Reverse Auction #4870.
As communicated, a fee is due Sorcity if you gain any of the business represented in this Event, which is recognized when the Buyer or Sorcity informs you of an award or the Buyer begins placing orders.
[Use this section when a Line Item Worksheet is included in the ebid] SUPPLIER PROCESS:
A Line Item Worksheet is included with this Event to work up your bid. Your electronic copy must be returned to Sorcity to be checked before and after you bid online. [Gov - Per the bid requirements, your final version of Attachment A must also be included, along with all other quested forms, on a flash drive and hard copy formats, in your sealed envelope or carton to be delivered to Austin ISD by the Sealed RFP Opening date and time listed (see Key Date).]
Deliver Sealed Proposals to:
[be sure this is the correct delivery location]
[If a Discounted Full Upfront Fee, or Flat Over-Time Fee is available, use this next section when a Market Basket is included in the ebid. Instructions:
a. Change the 60% in bold below to match the actual MB % listed in the Ebid
b. Change the dollar value in the Example to match the total fee for Option 1 you will list below.
c. Also in the Example, change the MB % and the total to reflect the actual values.]
MARKET BASKET:
The line items listed in this ebid [or gov. - reverse auction] represent about 60% of the Buyer’s annual spend (a Market Basket). This simplifies bidding, and the category discount you enter on the Line Item Worksheet covers all other items not listed.
Flat Fee Adjustment [don’t use if the fee is per unit or a % of Gross Sales]: Given this Market Basket, make sure you only apply 60% of the Sorcity flat fee listed below to the items and quantities listed in the Line Item Worksheet, otherwise you will overstate your bid. The remaining fee is applied to the remaining 40% not listed. Example: $20,000 * 60% = $12,000 (Cost to include in per unit prices on the Line Item Worksheet)s Event, which is recognized when the Buyer or Sorcity informs you of an award or the Buyer begins placing orders.
FEE PAYMENT:
Sorcity has completed a substantial amount of work to bring you this opportunity, estimated at around $2 million dollars across the sub-groups for just this initial 5-year award period. If you gain this business you agree to: [select the option below based on management approval] For 5-YEAR Award Period (3 initial years plus 2 additional 1-year extensions included in award period):
[Fee Per Unit Option - Pay a fee for each unit sold to the Buyer for the duration of the business.]
Pay an Upfront fee of $1,580.00 to be received by Sorcity not later than 9/28/18 if awarded all line items in this sub-group. Partial award results in a partial fee (Ex 50% awarded = 50% of the Upfront fee).
Also pay a Monthly fee to Sorcity for each month of the award, equal to $.0038cents per tray sold to for all Compostable trays. Payments are due by the 20th of each month for the prior months gross sales, with the first payment due by 10/20/18.
[Flat Fee Option - Pay a set flat fee each month of the award term.]
Pay a total fee of $23,000.00 to Sorcity in monthly payments over 12-months as follows:
$4,850.00 upon notification of award, but to be received by Sorcity not later than 6/7/11.
$1,650.00 for each of the 11-months following 6/7/11, to be received by Sorcity not later than the 20th of each month
Pay a total fee of $26,000.00 to Sorcity in monthly payments over 24-months as follows:
$3,000.00 upon notification of award, but to be received by Sorcity not later than 6/7/11.
$1,000.00 for each of the 23-months following 6/7/11, to by received by Sorcity not later than the 20th of each month.
[Percent of Sales Option -Pay a percent fee based gross sales for the durations of the business.]
Pay an Upfront fee of $1,400 to be received by Sorcity not later than 11/29/19if awarded all line items in this sub-group. Partial sub-group award (not all line items), would result in a proportional fee (Ex 50% awarded = 50% of the Upfront fee).
Also pay a Monthly fee to Sorcity for each month of the award, equal to3.2%of the gross sales made the prior month to for all products sold and services performed under this award.Payments are due by the 20th of each month for the prior month, with the first payment due by 12/20/19.
[Seldom Used - Alternative 50/50 Option]
Pay a total fee of $26,000.00 to Sorcity in 2 payments as follows:
$13,000.00 upon receipt of invoice, to be received by Sorcity not later than 6/7/11.
$13,000.00 within 60 days from receipt of invoice, to be received by Sorcity not later than 8/7/11.
PAY EARLY DISCOUNT: A 15% fee discount is available for upfront fee payment, to be received by Sorcity no later than 8/17/15. This discount will be applied to the full initial award period stated. See Ongoing Business clause in the Sorcity Member Agreement for fees beyond the initial award period.
NOTE: This Buyer is currently expanding at a rapid rate so added quantities, or locations, etc. will be treated as part of this Event and governed under the same terms listed here and in this award, with no additional Sorcity invoice required unless you selected a flat fee option. You agree to notify Sorcity, within 30-days of any additional Toner business for this Buyer. Failure to notify will result in retroactive payments due with interest and loss of any discounts previously provided.
Payment by ACH: You agree to make payments to Sorcity by electronic ACH.
Thank you for maintaining the integrity of this bid process and building trust for future opportunities.
Thank you,
Sorcity Supplier Support Team ~
Sorcity.com ~ Low-Cost New Business Opportunities
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