18QAA853000_ATT_3__TE_1_-1A.pdf

RFQ 70Z08418QAA853000

ATTACHMENT 3

Meal Sales Credit Technical Exhibit

Example of exceeding a Quarterly average of 150 meals sold a day

Example of not exceeding a Quarterly average of 136 meals sold a day

Meal Sales Credit Terms P a y m e n t : under the Food Services will be computed by subtracting cash receipts collected for the month from the fixed monthly price. For each three month period, the

Government will assess whether the quantity of meals served during that period fall within the range of

136 and 150 meals per day. The contractor shall add all actual meals served for the period and then compute the number of days for the period. If the actual numbers of meals served are less than the product of 136 times the number of days in the period, then a credit to the invoice shall be given at a rate of $3.50 per meal for the number of meals under the range. If the actual numbers of meals served are more than the product of 150 Times the number of days in the period, then the additional amount will be offset from the cash receipts collected at the rated of $3.50 per meal for the number of meals over the range.

Average Quarterly Meals

Month Meals Per

Month Days In Month

April 4500 30

May 4852 31

June 4448 30

Total 13800 91

Meals per day 150

Total Meals 13800 13650

Total Meals 150

Cost of Meals $3.50

Reimbursement $525.00

Average Quarterly Meals FY 2017-18

Month Meals Per

Month Days In Month

April 3800 30

May 3254 31

June 3478 30

Total 10532 91

Meals per day 136

Total Meals 10532 12376

Total Meals -1844

Cost of Meals $4.00

Reimbursement -$7,376.00

RFQ 70Z08418QAA853000

ATTACHMENT 3

Meal Sales Credit Technical Exhibit (002).pdf