FMC regulations require specific formatting and timing for NRAs. Most organizations’ rate quotes do not meet these formatting and timing requirements and require some modification.
DPI recommends that organizations use a Negotiated Rate Arrangement (NRA) template and put in place record-keeping protocols to comply with FMC regulations. The NRA may be offered in lieu of a rate quote or accompanied by a rate quote.
DPI offers an online NRA Management System and FMC-compliant NRA templates to Members. Should your organization have their own template we are happy to review it for FMC compliance.
To learn more about DPI’s NRA Management System, watch our quick video. For more on DPI’s NRA services, click here.