The Process
This agreement is between Samdisha Software
Research & Development CenterPvt. Ltd., (SSRDC)
and [CLIENT NAME] (the Client).
Unless agreed otherwise, the Base Price is that
shown in the most recent Quotation or Invoice
presented by the client for inclusion at the date
of the Audit. By signing this agreement the Client
confirms there are no ongoing or upcoming initiatives
that could conflict with SSRDC's work.
SSRDC will attend the Client's premises and
without removing any principal or copy Quotation,
Invoice or Management Reports (without prior approval),
audit the most recent Data for the agreed Cost
Centres: [...].
SSRDC will not disclose to a third party, the
name or current pricing structure of the existing
Supplier.
Quality Control Samples (QCS) will be supplied
by the Client and submitted with the Tender Documents
to potential suppliers. When an alternate product
is subsequently proposed, on request QCS will
be submitted for Client approval.
The Audit Report for each cost centre will clearly
show the Saving achieved over a 12 month period.
A Saving is achieved, if after signing this Agreement:
an already existing Supplier/s quotes below
the Base Price for the same or alternate product
or service
a potential new supplier quotes below the Base
Price for the same or alternate product or service.
If the Client initially elects not to implement
the saving in para 6(b), a Saving is achieved
if the Client subsequently takes delivery of
products or services from an existing or new
supplier, below the Base Price. To verify the
position, the Client agrees that on request
SSRDC can carry out quarterly invoice inspections,
at a mutually agreed time.
The Audit Report/s is/are solely for the use
of the Client represented in Para.1 of this
agreement and may not be used for the benefit
of any third party.
The Audit Fees payable by the client are 50%
of the Annual Savings payable for one year.
New Suppliers are carefully selected by SSRDC
using all reasonable endeavours to ensure that
they are responsible and reliable. After implementation
of your Audit Report, if the client is dissatisfied
with any element of a new supplier's performance,
every effort will be made to resolve the issue.
The Fee can be withheld for a maximum of a quarter
or until supplier performance issues have been
resolved to the Client's satisfaction, whichever
is sooner. Any fee withheld will be in proportion
to the overall savings that the supplier represents.
The Audit Fee for each cost centre will be
invoiced in 4 equal quarterly instalments, the
first invoice being submitted at the first quarter
in which savings are implemented, with payment
due within 30 days. If a quarterly invoice is
in excess of 30 days overdue for payment, the
remaining invoices become due for payment.
The Client can elect to pay the Audit Fee in
a single instalment, due for payment within
30 days of invoice data, subject to a discount
of 5%.
VAT at the current rate will be added to all
invoices. Overdue accounts are subject to the
Late Payment of Commercial Debts (Interest)
Act 1998.
This agreement represents and expresses the
full and complete agreement between SSRDC and
the Client and will supersede previous agreements
(if any) between SSRDC and the Client. No amendment,
variation or alteration of this agreement will
be effective unless it is in writing, states
expressly that it is contractual, refers to
this agreement and is signed by or on behalf
of SSRDC and the Client.
Remember,
the client has nothing to lose and everything
to gain !
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