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Each Participating Entity will receive a basis point (percentage) of their Quarterly Total Volume <br />based on the entity's average speed of pay. The formula for calculating the Prompt Payment <br />Incentive is: <br />Quarterly Total Volume x Basis Points for Entity average file turn days = Quarterly Prompt <br />Payment Incentive. <br />Note: The payment terms for the Master Agreement is forty-five (45) days. <br />Conditions. The Prompt Payment Incentive set forth herein is expressly conditioned on the <br />following: (1) electronic reporting (i.e. no paper reports); and (2) our receipt of payment in full in <br />accordance with one of the Average File Turn Days in the Prompt Payment Table. <br />Basis Points Offered: <br />Avg File <br />Turn Days <br />Basis <br />Point <br />1 <br />20 <br />2 <br />19 <br />3 <br />18 <br />4 <br />17 <br />5 <br />16 <br />6 <br />15 <br />7 <br />14 <br />8 <br />13.5 <br />9 <br />13 <br />10 <br />12.5 <br />11 <br />12 <br />12 <br />11.5 <br />13 <br />11 <br />14 <br />10.5 <br />15 <br />10 <br />16 <br />9.5 <br />17 <br />9 <br />18 <br />8.5 <br />19 <br />8.12 <br />Avg File <br />Turn Days <br />Basis <br />Point <br />21 <br />7.37 <br />22 <br />7 <br />23 <br />6.62 <br />24 <br />6.25 <br />25 <br />5.87 <br />26 <br />5.5 <br />27 <br />5.12 <br />28 <br />4.75 <br />29 <br />4.37 <br />30 <br />4 <br />31 <br />3.75 <br />32 <br />3.5 <br />33 <br />3.25 <br />34 <br />3 <br />35 <br />2.75 <br />36 <br />2.5 <br />37 <br />2.25 <br />38 <br />2 <br />39 <br />1.75 <br />Avg File <br />Turn Days <br />Basis <br />Point <br />41 <br />1.25 <br />42 <br />1 <br />43 <br />0.75 <br />44 <br />0.5 <br />45 <br />0.25 <br />46 <br />0 <br />47 <br />0 <br />48 <br />0 <br />49 <br />0 <br />50 <br />0 <br />51 <br />0 <br />52 <br />0 <br />53 <br />0 <br />54 <br />0 <br />55 <br />0 <br />56 <br />0 <br />57 <br />0 <br />58 <br />0 <br />59 <br />0 <br />MASTER AGREEMENT No. 00819 — FLEET CARD SERVICES PAGE 33 OF 138 <br />