CONSORTIA 2010

WHAT FORMULA SHOULD I USE FOR CONSORTIA RATE?

As stated above, one of the primary rules is that your rate is 10%

off the lowest single published rate. Consortia require rack and

corporate rates to be submitted for comparison purposes.

The corporate rate should always be below rack when doing

submissions and the Consortia rate should be 10% off of that.

To be safe and to ensure that you have no problems doing

submissions, your formula should be:

 

Rack Rate – Corporate (10%) – Consortia (10%) = Consortia Rate
Example-
 • Rack$100.00
 • Corporate$  90.00
 • Consortia$  81.00

 

Sato is the exception to the rule. They do not follow the same rate

structure. Their rate is derived off of the government per-diem. They

require that you give them 5% off.

 

Government Rate – (5%) = SATO rate
Example-
 • Government$ 100.00
 • SATO$   95.00