tmp_Generated_PDF_1569778791504.pdf - 552.212-70 PREPARATION OF OFFER(MULTIPLE AWARD SCHEDULE(AUG 1997(a Definitions Concession as used in this

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552.212-70 PREPARATION OF OFFER (MULTIPLE AWARD SCHEDULE) (AUG 1997) (a) Definitions. Concession , as used in this solicitation, means a benefit, enhancement or privilege (other than a discount), which either reduces the overall cost of a customer’s acquisition or encourages a customer to consummate a purchase. Concessions include, but are not limited to freight allowance, extended warranty, extended price guarantees, free installation and bonus goods. Discount , as used in this solicitation, means a reduction to catalog prices (published or unpublished). Discounts include, but are not limited to, rebates, quantity discounts, purchase option credits, and any other terms or conditions other than concessions) which reduce the amount of money a customer ultimately pays for goods or services ordered or received. Any net price lower than the list price is considered a “discount” by the percentage difference from the list price to the net price.
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  • Fall '19
  • Pricing, Option contract, Solicitation, Discounts and allowances

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