Net Contract Expenditures by the Buyer (after fare revenues)
Net Contract Expenditures by the Buyer (after fare revenues) : Actual payments or accruals by the buyer under the purchased transportation agreement, net of and not including purchased transportation fares. For contracts in which the seller retains fare revenues, the net contract expenditures by the buyer equals the actual payments or accruals made by the buyer. For contracts in which the purchased transportation fare revenues are returned to the buyer by the seller, the net contract expenditures by the buyer equals the actual payments or accruals made by the buyer net of or less the purchased transportation fare revenues.
No records Found