MFI-23 Discounts

This document recommends uniform guidelines be used regarding cash, trade and volume discounts received for materials and services purchased specifically for the Joint Account. 14 pages. 2016.

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Description

Table of Contents

  1. Introduction
  2. Background
  3. Interpretation
    1. Cash Discounts
    2. Trade Discounts
    3. Performance discounts
    4. Volume Discounts
    5. Rebates from Financial Institutions
    6. Vendor Contracts and Agreements
  4. Exhibit 1 (Direct Material Purchases)
  5. Exhibit 2 (Services)
  6. Exhibit 3 (Joint Account)

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