Rebate Agreement Law

reference! The word „bonus“ is translated from Latin as „good,“ „win,“ in the field of marketing, this term means an incentive bonus, bonus, higher than expected. A retrospective discount on a product in Russia is more often referred to as a „retro bonus,“ whereas in Western practice the English word „discounts“ is more common, which means a discount or concession. A complementary agreement between the two parties imposes incentives in the form of bonuses in a calendar month or other short-term period. It indicates the method of payment, the percentage and the period during which the funds are transferred under this agreement. The agreement should be divided into several clauses, each defining and regulating each of them. However, the terms of payment for the retro bonus are set at the point „Financial Terms and Billing Procedures.“ A retro bonus, which a retail chain provider or distributor earns honestly, can be obtained in another form defined in advance in the text of the agreement reached or additional financial agreements. As a general rule, the rules for calculating retro bonuses in the agreement provide that during the next reference period, the cumulative values of the indicators will be recalculated to zero and that the amount of the rebate will be recalculated on the basis of the new year`s sales volume. This type of retro bonus is often used when contracts are made with large retailers. Shopping at better prices.

The supplier can offer the counterparty as a reward for successful sales to buy a certain volume of product at a discount. These offers are short-term. All conditions for granting a retro bonus, validity periods and preferential prices are set in a separate agreement. Consider calculating a retro bonus using an example. The supplier and the trader have reached an agreement for the delivery of a large shipment of goods worth a total of 5 million rubles. The supplier provided additional services for the merchant for 150 thousand rubles, which included the cost of transporting, unloading and storing the goods. In accordance with the requirements of Law 381-FZ, the maximum amount of a retro bonus should not exceed 5 per cent. In our case, it`s 0.05 x 5,000,000. .

Thus, the supplier can compensate 150 thousand rubles for the services provided and 100 thousand rubles for the products. The Medicaid Department or Medicaid Department may negotiate, in agreement with the Sovereign States Drug Consortium, additional pharmaceutical rebate agreements (SDRAs) that would reclassify any drug that is not designated as preferred in the basic list as long as the agreement is in effect. A EDS between the Medicaid Department and a drug manufacturer for drugs made available to the Medicaid program and submitted to the Centers for Medicare – Medicaid Services (CMS) on December 27, 2005 and the title „State of Mississippi Supplemental Rebate Agreement“ was approved by CMS. CMS has authorized the State of Mississippi to enter the sovereign States Drug Consortium (SSDC) multi-state purchasing pool. The SDRA, presented by cmS on September 7, 2012 under the title „State of Mississippi Supplemental Rebate Agreement,“ has been approved by CMS. CMS approved the revision of the intergovernmental agreement on the SSDC presented on March 17, 2014 for the Population Department of Medicaid to cover the treatment of additional drugs. This type of incentive allocation is part of a competent supply contract, which provides for all quantities of purchases, sales and deadlines for the execution of commitments. It should be noted that this type of rebate only applies to a previously purchased product or to a selected range that has exceeded the tax period.

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