1% Transaction Fee Overview
Background: Effective July 1, 2003, the State instituted, through Rule 60A-1 of the Florida Administrative Code (FAC), a 1% Transaction Fee for procurement transactions to provide funding for state-of-the-art purchasing tools and technology that benefits the State and business community .
- 60A-1.030 addresses MFMP vendor registration;
- 60A-1.031 addresses the use of Transaction Fee language in purchasing transactions (unless exempted); and
- 60A-1.032 addresses the MFMP Transaction Fee exemptions.
Transaction Fee Reporting: Your Transaction Fee Reporting requirement depends on if you are on a Department of Management Services (DMS) state term contract (STC), alternative contract source agreement (ACS), or a state purchasing agreement (SPA). The table below explains the difference:
|
Contract Type |
When Report Due |
Fees Owed On |
Transaction Fee Report Sections to be Completed |
|---|---|---|---|
|
DMS STC/ACS/SPA |
15 calendar days after the end of every month, even if no payments are received during the month |
All payments received by state agencies and other eligible users of the contract (e.g., counties, cities, colleges) |
Summary and Detailed Sections |
|
All Others |
15 calendar days after the end of a month when fee-eligible payments are received |
All payments from Executive Branch agencies |
Summary Section |
All Transaction Fee Reports (Form PUR3776) are to be completed and submitted using the MyFloridaMarketPlace online billing and collection system (BCS) available from the your MyFloridaMarketPlace vendor registration account at https://vendor.myfloridamarketplace.com
Transaction Fee Exemptions: The 1% Transaction Fee applies to all transactions that are not specifically exempted in Rule 60A-1.032 of the FAC. The table below explains the three levels that a vendor or specific purchase can be exempt from the 1% Transaction Fee:
|
Level |
Description |
|---|---|
|
Vendor |
If a vendor is a non-profit or government entity, they are generally exempt from the Transaction Fee. If the vendor is not required to register in MyFloridaMarketPlace or is reluctant to register, the vendor may be exempt from the Transaction Fee. The reluctant vendor registration can only be processed if the reason meets specifications outlined in Rule 60A-1.030 of the FAC |
|
Contract |
An exemption that applies to all transactions (purchase orders or disbursements) conducted with a vendor for a specific contract within an agency. An agency must flag a contract as exempt from the 1% transaction fee by completing the Contract Exemption eform. Users must have the Contract Exemption group assigned to their user profile to complete this eform. |
|
Transaction |
Allows agencies to indicate that all or a portion of the transaction is exempt from the Transaction Fee. When a transaction is exempt, the customer must check the Fee Eligible checkbox on the Accounting Details page of the IR/PR and select the appropriate reason code. The ability to flag a transaction as exempt from the 1% transaction fee is permission based; users must have the Transaction Fee Exempt group assigned to their user profile. |
Resources: The State of Florida Chief Financial Officer Payment History website https://flair.dbf.state.fl.us/caspub/vnpayhst.htm can assist vendors with what payments were made to them by the State of Florida. Payment information is updated each evening. You will need your FEID / vendor number to access payment information.
If you have any questions, please contact the Customer Service Desk (BuyerHelp) at 1-866-352-3776 or at feeprocessing@myfloridamarketplace.com