Orange County NC Website
14 <br />(b) Operational Costs. Any and all costs and expenses mutually agreed to <br />between PROVIDER and ORANGE COUNTY associated with the <br />operation of the On Site Location(s), including, but not limited to, salary <br />and benefits payable to PROVIDER employees at the On Site Location(s), <br />.worker's compensation benefits and insurance, unemployment insurance, <br />personal property insurance for the On Site Location(s) and Inventory, any <br />deductible for losses covered under the personal property, and all <br />equipment supplied by PROVIDER The mutually agreed operational <br />expenses is attached hereto as Attachment B. All Operational Costs are to <br />be mutually agreed upon between PROVIDER and ORANGE COUNTY <br />and are subject to review upon request by the ORANGE COUNTY ("open <br />book"). <br />PRICING PLAN SUMMARY <br />PROVIDER Product Billed to ORANGE COUNTY at a 10% gross profit <br />Costs rate <br />Non-PROVIDER Billed to ORANGE COUNTY at a 10% gross profit <br />Product Costs rate <br />Operational Costs Billed to ORANGE COUNTY at cost <br />Net Profit Target 10% net profit for PROVIDER, equal to the 10% <br /> gross rofit rate above <br />Both PROVIDER Product Costs and Non-PROVIDER Product Costs shall be set by <br />PROVIDER to yield a gross profit of ten percent (10%). Operational costs will be <br />charged to ORANGE COUNTY at cost, with all such charges for Operational Costs to be <br />included in ORANGE COUNTY's monthly billing statement. ORANGE COUNTY will <br />be billed at the end of each month for operational costs on an "in arrears" basis. <br />In addition, PROVIDER may use any sub-contractor for the procurement of <br />"outside" purchases or services (i.e., those parts or services not traditionally stocked or <br />performed by PROVIDER), and ORANGE COUNTY will be billed an additional charge <br />for any such purchases so as to yield PROVIDER a ten percent (10%) gross profit on <br />such purchases. <br />8. NO L1EN5. <br />(a) ORANGE COUNTY warrants that it shall take no action, including but <br />not limited to the granting of a security interest, or fail to take any action, which would <br />