PARTICIPATING+ADDENDUM+-+Final.docx
DOCX document 18 KB Posted
- Attached to
- Credit Card - Purchasing & Travel Card Services
- Contract number
- 900-JPMO
- Issued by
- North Dakota
About this file
This document is a Participating Addendum for a Purchasing One Card Program Master Contract (#900) between JPMorgan Chase Bank, N.A. and the State of North Dakota, with provisions for additional governmental entities to participate. The addendum allows affiliated organizations within North Dakota, as defined under North Dakota Century Code 54-44.4-13, to establish an independent procurement card program using the same terms and conditions as the original master contract.
The contract covers a procurement card program where participating entities can issue cards and accounts for purchasing transactions. Key terms include participant responsibility for all card-related purchases and fees, potential revenue sharing based on purchase volumes, and provisions for information sharing between JPMorgan Chase, the State of North Dakota, and participating entities. The document outlines compliance requirements, including potential consequences for improper card use such as cancellation of privileges, reimbursement requirements, and potential disciplinary actions. The contract appears to be structured to provide a standardized procurement card solution for governmental entities within North Dakota.
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Other files
| File | Type | Posted |
|---|---|---|
| Amendment+#2_signed.pdf | ||
| 900_State+Contract+Summary.docx | DOCX document | |
| Amendment+1+Renewal_Signed.pdf | ||
| Contract+-+SIGNED+10-2018.pdf |
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Text version
PARTICIPATING ADDENDUM
This Participating Addendum (the “Participating Addendum”) is made and entered into by and between
__________________________ (the “Participant”) and JPMorgan Chase Bank, N.A. (“CONTRACTOR”).
PRIMARY CONTACT
The Participating State Government Participant contact for this Participating Addendum is as follows:
| Name: |
| Address: |
| Telephone: |
| Fax: |
| E-mail: |
RECITALS
| WHEREAS the State of North Dakota, acting through its Office Management and Budget (STATE) and the CONTRACTOR entered into a Purchasing One Card Program Master Contract, #900, dated October, 11, 2018, as may be amended from time to time, (collectively, the “Contract”); |
| WHEREAS, Participant is an organization affiliated with the State of North Dakota as set forth in North Dakota Century Code § 54-44.4-13 and desires to establish an independent card program on the same terms and conditions as the Contract; |
| NOW THEREFORE, the Parties hereto agree as follows: |
AGREEMENT
1. Definitions. All terms used in this Participating Addendum have the meaning set forth in the Master Contract, unless such terms are otherwise defined herein.
2. Effect of Participating Addendum. Participant agrees that the term “State” in the Master Contract shall refer to Participant, with the exception of those references on Exhibit 1. Participant agrees that by executing this Participating Addendum, the Participant hereby adopts the Master Contract and agrees to be bound by all the terms, conditions, responsibilities and provisions thereof applicable to Participant as stated under the Agreement; provided, however, that the references to the contact information of the State under section 13 (Notice) shall be deemed to refer to the contact information set forth above for “Primary Contact”. Without limiting the generality of the foregoing, Participant further agrees that it shall be responsible only for Transactions and for fees, charges and other amounts due under the Master Contract related to the use of Accounts or Cards of Participant pursuant to the Master Contract and that STATE shall not be liable for any such Transactions and for any such fees, charges and other amounts.
3. Acknowledgements. Participant acknowledges that it is solely responsible for the payment of purchases made using Cards and/or Accounts issued by the CONTRACTOR to the Participant. Improper use of this card can be considered misappropriation of State funds. This may result in cancellation of Procurement Card privileges, reimbursement to the State for improper use, disciplinary action up to and including termination and possible criminal charges. Any and all revenue sharing payments accruing on account of the Participant’s net purchase volume (if any) shall be paid by the CONTRACTOR to the State. The STATE will disperse the revenue payments accordingly.
4. Information Sharing. Participant acknowledges and agrees that CONTRACTOR may share Participant’s information with the STATE to include, but not limited to, commercial card Program transaction spending volumes, average transaction size, purchase limit data and any other information deemed necessary by the CONTRACTOR to facilitate the rebate incentives calculations based upon all participants’ charge volume under the Master Contract.
5. No Amendment. This Participating Addendum does not and shall not be deemed to amend, change or modify the Master Contract.
EFFECTIVENESS OF PARTICIPATING ADDENDUM
This addendum does not become effective until fully executed by all parties.
PARTICIPANT
Signed: _______________________________________________________
Printed Name: __________________________________________________
Title: _________________________________
Date: _________________________________
STATE OF NORTH DAKOTA
The below STATE signature is for the sole purpose of verification that the above Participant is statutorily authorized to participate in the Contract.
Signed: _______________________________________________________
Printed Name: __________________________________________________
Title: _________________________________
Date: _________________________________
JPMORGAN CHASE BANK, N.A
Signed: _______________________________________________________
Printed Name: __________________________________________________
Title: _________________________________
Date: _________________________________ Contract #900 – Purchasing One Card
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