|Event #: 2174
|Q1: ||Our company does not accept credit cards, are there other payment terms that would be acceptable?|
|A:||We can accept bids on N/30 payment terms. However, our preferred method of payment for indirect materials procured under long-term contracts is by P-Card. The awarded company if not currently accepting P-Cards, shall at a minimum be willing to investigate and implement P-Card payments within a reasonable time after award (90 days).|
We would enlist assistance from GE Capital (our P-Card company) to help you get set-up for P-Card payments. Typical service fees for P-Cards are .85% to 1.85% of the transaction amount (Discount Rate). Qualcomm and GE Capital have negotiated discount rates with major acquiring banks 'Merchant Banks' to aid our supply base implement P-Card payment methods.
|Q2: ||1) The pricing in our bid is contingent upon a mutually negotiated Supplier's Bulk Product Agreement between supplier and buyer, Is this an acceptable term to our offer, or does it disqualify us?|
2) The tank storage listed in the quote requirements is much to large and costly for the volumes indicated - can we quote a smaller storage tank. For example a 6000 gallon in lieu of the 11,000 gallon ?
|A:||1) This is an acceptable term. We are able to enter into a Supplier's Bulk Product Agreement as long as it does not conflict with the terms already listed in our Reverse-Auction|
2) Yes. As noted in the Reverse-Auction detail, alternate tank sizes are able to be bid on, but please also have pricing available for the tanks listed for our review at the end of the bidding.
|Q3: ||An Energy Surcharge which is a separate item and in addition to product price. Please clarify that the product price bid online should not include this surcharge and may be added post-bid.|
|A:||For purposes of the auction, propose bids inclusive of any "Energy Surcharges". No surcharges shall be agreed by Customer post-bid. If this Energy Surcharge is passed on to customers by requirement of any governmental authority then state the agency reference and regulatory requirement.|