On a selective basis PivotPoint allows clients to share FIRM-FIXED-PRICE (FFP) training costs with up to four additional sub-organizations or business partners, collectively known as "TRAINING COST SHARING PARTIES" (PARTIES), on a selective basis. This arrangement is subject to surcharges as outlined in the following Terms & Conditions (T&C):
- The PRORATED FFP COST SHARE for each PARTY is calculated by: a) dividing the TOTAL FFP COST for the training by the maximum number of student participants ("UP TO N"); and b) adding a $500 PROCESSING SURCHARGE for each PARTY to cover the costs of processing separate proposals (pro forma invoices), invoices, and payments.
- All PARTIES must fully (100%) prepay their PRORATED FFP COST SHARE using a corporate or government credit card at least 30 days before the training start date.
- All PARTIES must adhere to PivotPoint's standard TRAINING CANCELLATION POLICY.
For example, suppose three TRAINING COST SHARING PARTIES want to share the TOTAL FFP COST of $20,000 for a 4-day workshop for up to 10 students. PARTY A covers up to 5 students, PARTY B covers up to 3 students, and PARTY C covers up to 2 students. In this case:
- PARTY A's PRORATED FFP COST SHARE for up to 5 students: (50% * $20,000) + $500 = $10,500
- PARTY B's PRORATED FFP COST SHARE for up to 3 students: (30% * $20,000) + $500 = $6,500
- PARTY C's PRORATED FFP COST SHARE for up to 2 students: (20% * $20,000) + $500 = $4,500
Please
contact us to discuss details about our current FIRM-FIXED-PRICE LISTS and your TRAINING COST SHARING needs.