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18

2.

MAINTENANCE AND EQUIPMENT

The FSA or the College shall be responsible for all equipment repair including the service contracts and necessary maintenance and repair of disabled equipment.

3.

PRICES

  • a.

    The Contractor shall maintain in conspicuous places lists of food items and prices.

  • b.

    The prices of the food served shall be subject to approval of the Board of Directors of the FSA, utilizing similar food prices at other community colleges in this region as well as eateries in the vicinity of the campus as a guideline.

c.

Recommended price changes by the Contractor shall be submitted in writing including the existing price (a), justification for price changes and other pertinent

information.

Chairperson

of

Approval shall be in

the

FSA,

before

any

writing, by the change shall occur.

The

FSA

will

strive

toward

price

changes

occurring

once

per

year. Recommended price year shall be submitted April 15th each year.

changes effective August 15th to the Chairperson of the FSA

each by

  • 4.

    RECORDS AND REPORTS

    • a.

      All records of purchases, sales, maintenance, and health agency inspections are to be made available to the FSA for review and audit upon request.

b.

Twenty days after the close of each month, the Contractor shall prepare statements of operations and shall submit

them at that time with the check for

commissions due. The of the Chairperson of

check shall be the FSA or his

the amount of the sent to the attention or her designee.

c.

Within 60 days after the close of each contract year, a report relating to the amount of sales for the purpose of computing commissions due the FSA shall be prepared by an

independent selected by

public accounting firm. the Contractor, subject

The CPA firm shall to approval by the

be

Chairperson of the will be sufficient Contractor for the

FSA. The scope of the audit examination

to present purpose of

fairly the gross sales of calculating commissions.

the Any

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