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2007-002 Resolution
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2007-002 Resolution
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Last modified
1/9/2014 3:51:34 PM
Creation date
12/30/2013 8:01:42 AM
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North Olmsted Legislation
Legislation Number
2007-002
Legislation Date
2/20/2007
Year
2007
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. ?? <br />i SO <br />NEO <br />Section 3.3. Payment of Compensation. <br />(a) To NEOSO. The Governmental Entity agrees to provide compensation to <br />NEOSO for its services rendered in procuring any Available Contract, including <br />the following as applicable: <br />(i) Identifying and selecting Products to pursue. <br />(ii) Developing the terms, conditions and requirements of each Available <br />Contract. <br />(iii) Determining how to procure selected Products. <br />(iv) Implementing and managing the procurement of the Products. <br />(v) Selecting appropriate Vendors. <br />(vi) Negotiation of each Available Contract. <br />(vii) Managing Vendors to ensure that the designated terms and conditions of <br />each Available Contract are fulfilled. <br />(b) To the Vendor. The Governmental Entity agrees to provide compensation to each <br />Vendor for its provision of Products under any Available Contract and as <br />provided in the related Offering Addendum. <br />(c) Compensation Arran e?. The payment of the compensation by the <br />Governmental Entity to NEOSO or to the Vendor referred to in Sections 3.3(a) <br />and (b,), may be made in any of the following manners: <br />(i) Separate payments to each of NEOSO and the Vendor of their respective <br />amounts due. <br />(ii) Payment to NEOSO of the total amount due to each of the Vendor and <br />NEOSO, a portion of which will be forwarded by NEOSO to the Vendor. <br />(iii) Any other arrangement as provided in an Available Contract. <br />Article IV <br />Available Contracts <br />Section 4.1. Procurement. NEOSO, acting as the Members' agent, will procure and <br />manage Available Contracts with Vendors to provide Products to the Meinbers. NEOSO is <br />solely responsible for investigating and identifying the Product offerings that will be made <br />available to the Members. <br />Northeist Ohio Sourcing OA'ice <br />www.ncoso.org <br /> <br />-5- <br />5422 East 96th St. Suitr 150 I p I 216.581.6200 I ??? <br />Clevcland, OH h?125 f ? 216,581,6213 <br />
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