B. ADMINISTRATIVE FEE. In consideration for the support and services provided by Sourcewell,

City Council Meeting · 2026-05-26 · agenda_item

This item concerns an administrative fee agreement between a supplier and Sourcewell, a cooperative purchasing organization. The supplier will pay Sourcewell a percentage of the total sales for equipment, products, and services provided to participating entities. This fee must be included in the pricing and paid quarterly. The agreement requires the supplier to cooperate with audits to ensure proper fee payment. Sourcewell reserves the right to cancel the contract and reject future proposals if the supplier is delinquent on fees. This is a contractual administrative matter currently under review as part of a City Council meeting agenda. The work involves contract management, financial reporting, and potential auditing. Local businesses that are suppliers or service providers involved in cooperative purchasing agreements may find this information relevant for understanding contractual obligations and payment terms.