Rebate/Reward/Incentive
Programs
Many vendors offer special reward or incentive programs for making
purchases from their company. These rewards take many forms including
gift certificates, prizes, clothing, etc. Any rewards or incentives
that result from purchases made using College funds are the property
of the College, not of the individual making the purchase. If the
reward/incentive being offered cannot be used to purchase additional
materials for the department, the vendor should be instructed to
send the reward to the attention of the Accounts Payable Department.
Some of these rewards/incentive programs have multi-level pricing,
which means that if you accept the reward/incentive the price of
the product is higher. Cardholders are required to decline any reward/incentive
if it increases the cost of the product.
Rebates:
A number of companies offer "rebates" for purchases. These
rebates are paid directly to the College and are not affected by
the above Rewards/Incentive Program policy.
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